Business News • MarketWire • RH Reward Offerings Top $86 Million -- Incentives to Eligible Homeowners in 45 States Seek to Encourage Them to Avoid Strategic Default on 'Underwater' Mortgages |
RH Reward Offerings Top $86 Million -- Incentives to Eligible Homeowners in 45 States Seek to Encourage Them to Avoid Strategic Default on 'Underwater' Mortgages |
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RH Reward Offerings Top $86 Million -- Incentives to Eligible Homeowners in 45 States Seek to Encourage Them to Avoid Strategic Default on 'Underwater' Mortgages
RUMSON, NJ--(Marketwire - May 7, 2010) - Only four months after its launch, the Responsible Homeowner Reward ("RH Reward") program, offered through participating lenders by Loan Value Group, has offered over $86 million in rewards to eligible borrowers nationwide as an incentive to remain current on their mortgage payments. To date, RH Rewards have been offered in 45 states, the District of Columbia and Puerto Rico. The size of the reward is dependent on many factors, including the size of the mortgage, the amount of negative equity, and region of the country.
View More : http://www.marketwire.com/mw/release.do?id=1256267&sourceType=3
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