US Mortgage Mod Announces It is Providing Services to Assist Homeowners with President Obama's Homeowner Affordability and Stability Plan

Washington, DC, February 19, 2009 --(PR.com)-- President Obama announced plans Wednesday to help as many as 9 million homeowners restructure or refinance their mortgages to avoid foreclosure. US Mortgage Mod, LLC Of Philadelphia will be leading the way, as a national home loan modification company that leads the industry in preserving home ownership.

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President and CEO Marc D'ambrosio was one the many guests who witnessed the announcement live.“By making these investments in foreclosure prevention today, we will save ourselves the costs of foreclosure tomorrow — costs borne not just by families with troubled loans, but by their neighbors and communities and by our economy as a whole,” Obama said. Senior vice president Justin Kassick of US Mortgage Mod who has been working closely with this team was noticeably emotional, ""responsible homeowners" would be given the chance to refinance, while the remaining 3 to 4 million would be recipients of a $75 billion "homeowner stability initiative" that will help reduce their monthly payments, its a great day" Mr Kassick of Us mortgage mod also added that, " said that increased transparency and a possible inflation anchor will mark major changes the central bank is making going forward, pledging to take every step necessary to fight the most severe financial crisis since the Great Depression." US Mortgage Mod, LLC of Philadelphia is again leading the way in the fight to keep every last American in their home.

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