Lennar Offers to Make Mortgage Payments in the Event of Job Loss
Posted on February 21, 2009
Filed Under Loans |
Lennar Offers to Make Mortgage Payments in the Event of Job Loss04Feb09 Struggling homebuilder Lennar has launched its “Peace of Mind” mortgage payment protection program, aimed at bringing in more prospective buyers concerned about job security.Calling loss of employment the “number-one reason for mortgage default,” Lennar is offering to pay up to six months of mortgage payments if a new buyer loses their job after purchasing a new home.It’s especially timely, with Speaker of the Hou
Source:Lennar Offers to Make Mortgage Payments in the Event of Job Loss
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