banks, Ditech gets cash incentives from the Obama plan every time they help a homeowner and follow the plans rules. This not only makes it easier for nearly any homeowner to get approved, it makes the actual lenders and banks like Ditech actually want to extend you an offer. The money they get from Obamas stimulus plan will allow them to take more risks, and offer more options to homeowners.
Now, with Ditech and Obamas stimulus, homeowners in all types of financial hardships can get a mortgage refinancing. The new mortgage payment after refinancing with Ditech will not exceed 31% of a homeowners monthly income. This will be a huge reduction in the amount homeowners pay every