Business News • MarketWire • RH Reward Offers Incentive-Based Mortgage Relief to Help Responsible Homeowners in Areas Affected by High Levels of Negative Equity and Strategic Default

RH Reward Offers Incentive-Based Mortgage Relief to Help Responsible Homeowners in Areas Affected by High Levels of Negative Equity and Strategic Default

RH Reward Offers Incentive-Based Mortgage Relief to Help Responsible Homeowners in Areas Affected by High Levels of Negative Equity and Strategic Default

RUMSON, NJ--(Marketwire - April 27, 2010) - Underwater borrowers in areas like Northern California and South Florida are starting to receive letters offering them a cash payment to stay current on their mortgages. The offers, made to eligible borrowers by an innovative, new incentive-based program called Responsible Homeowner Reward ("RH Reward"), are cost free to the borrower.

View More : http://www.marketwire.com/mw/release.do?id=1154177&sourceType=3

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