Loan Value Group LLC's Responsible Homeowner Reward program is gaining some fans on the Internet.
The patent-pending incentive
The nearly three-minute, animated video, which features two stick figures standing in a bare, gray room, discussing the limited options they have to keep their home, addresses a common dilemma many borrowers face: whether to consider a strategic default.
One character presents the RHR program, which provides homeowners with a cash reward for making timely monthly mortgage payments over a specific period of time agreed upon by the homeowner's mortgage company, as a possible solution.
