It is a presidential program to support the recovery of the economy, stabilization of communities and the real estate market. This program finds that borrowers keep their homes through more affordable payments. You can modify first mortgages that they originated before 1 January 2009. Applications may be submitted until December 2012. To be eligible must, among other requirements, the House be as maximum of four families, the borrower must live in the property, have sufficient income to make payments if you modify the loan, that you demonstrate a financial difficulties that are preventing it from making payments or that may soon incur arrears. The amount owed on the first mortgage may not exceed $729.750,00 for a family homes, the mortgage must be guaranteed by Fannie Mae or Freddie Mac. and payments of principal and interest on the first mortgage more taxes, insurance and Association, must be greater than 31% of revenues gross of the borrower. If the borrower meets these conditions may be considered for an evaluation of modification. The host entity of the loan should be a more detailed evaluation to modify the loan.