FHFA Extends Refinance Program
The Home Affordable Refinance Program (HARP), a sister plan to the government's loan modification program, will stay in effect until June 30, 2011, the Federal Housing Finance Agency (FHFA) announced in a statement this week.Originally set to expire on June 10th this year, the program is designed to facilitate refinance loans for homeowners whose mortgages fall between 80% to 125% of their homes' current market values.Since its launch in April 20 ....
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Government May Require HAMP Review Befor ...
In a bid to stem the tide of foreclosures expected in the coming months, the Obama administration is considering limiting foreclosures to home loans that have been reviewed and rejected by the Home Af ....
In a bid to stem the tide of foreclosures expected in the coming months, the Obama administration is considering limiting foreclosures to home loans that have been reviewed and rejected by the Home Af ....
Wells Fargo Announces Loan Modification ...
Major housing lender Wells Fargo announced significant progress in its loan modification efforts, following last week's statement by rival Bank of America that it has helped more troubled owners with ....
Major housing lender Wells Fargo announced significant progress in its loan modification efforts, following last week's statement by rival Bank of America that it has helped more troubled owners with ....
Geithner Says Loan Mod Program a Success
The Home Affordable Modification Program (HAMP) is stopping more foreclosures and helping more cash-strapped owners than it did in its previous months, Treasury Secretary Timothy Geithner told reporte ....
The Home Affordable Modification Program (HAMP) is stopping more foreclosures and helping more cash-strapped owners than it did in its previous months, Treasury Secretary Timothy Geithner told reporte ....
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 t ....
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 t ....
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 ....
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Loss Mitigation News
- Fri, 5 Mar 08:39:07 PM (PST)
FHFA Extends Refinance Program
The Home Affordable Refinance Program (HARP), a si ... Read More
- Fri, 26 Feb 08:33:19 PM (PST)
Government May Require HAMP Review Before Foreclosure
In a bid to stem the tide of foreclosures expected ... Read More
- Sun, 21 Feb 12:58:55 AM (PST)
Wells Fargo Announces Loan Modification Surge
Major housing lender Wells Fargo announced signifi ... Read More
