Loan Modifications Now Require Upfront P ...
Homeowners seeking aid from the government’s Home Affordable Modification Program now have to provide proof of eligibility before being approved, rather than being given the entire three-month trial period to complete the requirements.The move is meant to speed up the $75-billion HAMP project, whose success has been hampered in large part by borrowers who failed to complete the paperwork needed to move from trial to permanent modifications. ....
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Bank of America Agrees to Modify Second ...
Leading mortgage lender Bank of America has agreed to extend its loan modification program to second mortgages in accordance with the Obama administration’s Second Lien Modification Program, des ....
Leading mortgage lender Bank of America has agreed to extend its loan modification program to second mortgages in accordance with the Obama administration’s Second Lien Modification Program, des ....
States Demand Action on Foreclosures
A group of state officials came up with a plan last Wednesday to minimize the number of foreclosures. Some of the ideas of this plan were to cut down the red tape and reduce principal balance for home ....
A group of state officials came up with a plan last Wednesday to minimize the number of foreclosures. Some of the ideas of this plan were to cut down the red tape and reduce principal balance for home ....
Permanent Loan Modifications Doubled
After putting more pressure on lenders to step up loan modification efforts, the Obama administration announced last week that the Home Affordable Modification Program is finally seeing tangible resul ....
After putting more pressure on lenders to step up loan modification efforts, the Obama administration announced last week that the Home Affordable Modification Program is finally seeing tangible resul ....
SEC May Tighten Short Sale Regulations
The U.S. Securities and Exchange Commission may soon impose tighter rules on short sales if stocks fall beyond a certain percentage, according to a few experts. The SEC has already made various propos ....
The U.S. Securities and Exchange Commission may soon impose tighter rules on short sales if stocks fall beyond a certain percentage, according to a few experts. The SEC has already made various propos ....
More Foreclosures Expected in 2010
Even with markets stabilizing in about half of major American cities, the outlook remains dim for many homeowners. Analysts predict that an estimated 1.7 million American mortgage holders will face fo ....
Even with markets stabilizing in about half of major American cities, the outlook remains dim for many homeowners. Analysts predict that an estimated 1.7 million American mortgage holders will face fo ....
U.S. Foreclosures Exceed 1 Million
Reports from the U.S. Office of the Comptroller of the Currency and the Office of Thrift Supervision showed that over 1 million homeowners are now facing foreclosure, despite continuous efforts from b ....
Reports from the U.S. Office of the Comptroller of the Currency and the Office of Thrift Supervision showed that over 1 million homeowners are now facing foreclosure, despite continuous efforts from b ....
Bank of America Justifies Loan Modificat ...
Bank of America Corp. (BAC) says the reason it has trailed behind other major lenders in the Obama administration’s loan modification program is that it has a much higher percentage ineligible b ....
Bank of America Corp. (BAC) says the reason it has trailed behind other major lenders in the Obama administration’s loan modification program is that it has a much higher percentage ineligible b ....
Government Loan Modifications Moving Slo ...
The Obama administration’s loan modification program may have reached its goals of starting half a million trial modifications by November, but only a small fraction of these loans have been per ....
The Obama administration’s loan modification program may have reached its goals of starting half a million trial modifications by November, but only a small fraction of these loans have been per ....
New Government Program to Speed Up Short ...
The U.S. Treasury Department revealed a series of policies this week designed to help troubled homeowners get enough from short sales to pay off their mortgage dues, including a $1,500 grant to help c ....
The U.S. Treasury Department revealed a series of policies this week designed to help troubled homeowners get enough from short sales to pay off their mortgage dues, including a $1,500 grant to help c ....
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Loss Mitigation News
- Fri, 5 Feb 08:18:28 PM (PST)
Loan Modifications Now Require Upfront Proof
Homeowners seeking aid from the government’s ... Read More
- Fri, 29 Jan 06:21:06 PM (PST)
Bank of America Agrees to Modify Second Mortgages
Leading mortgage lender Bank of America has agreed ... Read More
- Sun, 24 Jan 12:36:26 AM (PST)
States Demand Action on Foreclosures
A group of state officials came up with a plan las ... Read More
