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Federal Making Home Affordable (MHA) Pro ...
In 2009, President Obama initiated Making Home Affordable (MHA), a federal homeowner assistance program. The goal of the MHA program is to help underwater borrowers keep their homes. The recent statistics, however, indicate that the program is working well below the initial goals. According to data released by the U.S. Treasury Department, of all the homeowners who technically qualify for a government mortgage modification, less than 20 percent ....
Computer Glitch Threatens Florida Consum ...
When Florida Homeowner Tom Mudie was approved for his loan modification program with Bank of America, he had no idea that he would have to start worrying about losing his home to foreclosure all over ....
New Help for Those Facing Foreclosure
The Phoenix area had a record 58,157 home foreclosures last year and Jim Belfiore, president of Belfiore Real Estate Consulting, predicts another 54,000 foreclosures for this year. That equates to far ....
Mortgage Industry Profile Reports for 20 ...
The real estate market has improved since the doldrums of the recent recession, but economic data released by the National Association of Realtors shows a market that remains difficult and home values ....
Closing Down Internet Loan Modification ...
Troubled homeowners can rejoice in the fact that many home loan modification con artists trying to take advantage of their situation have been closed down. In difficult times when many homeowners are ....
Recent Loan Modification Statistics and ...
Historically, mortgage financiers either collected on time monthly payments or foreclosed on the property. The economic downturn and subsequent stimulus packages have provided a third, much needed opt ....
Fannie Mae And Freddie Mac Offer Limited ...
Mortgage giants Fannie Mae and Freddie Mac have been unwilling to work with homeowners who are struggling with their mortgages despite the availability of funds from last year's stimulus. As part of ....
Has the Federal HAMP Helped Or Hurt Home ...
The Home Affordable Modification Program (HAMP), which was first implemented in 2009, has only managed to help 25 percent of the people who have applied. HAMP hasn’t had a chance to work because ....
Home Loan Modification Scams - Research ...
Loan modification programs offer hope to consumers struggling to make ends meet in a difficult economy. Changing loan terms such as payment amounts, due dates and maturity dates helps residents fallin ....
Advocacy Group in Prince William County ...
VOICE (Virginians Organized for Interfaith Community Engagement) is an organization located in Prince William County, Virginia that helps homeowners living in the county work out affordable mortgage l ....

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Loss Mitigation News

  • Thu, 2 Feb 03:03:56 PM (PST)

    Federal Making Home Affordable (MHA) Program Goals Not Being Met

    In 2009, President Obama initiated Making Home Aff ... Read More

  • Tue, 10 Jan 04:42:25 PM (PST)

    Computer Glitch Threatens Florida Consumer's Loan Modification Deal

    When Florida Homeowner Tom Mudie was approved for ... Read More

  • Fri, 30 Dec 05:22:39 PM (PST)

    New Help for Those Facing Foreclosure

    The Phoenix area had a record 58,157 home foreclos ... Read More

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