Posts Tagged ‘street’

eCreditDaily.com State AGs predict uptick in home foreclosures this year Legal News Line “The average time to complete a loan modification for some servicers is more than six months. Many homeowners with trial modifications are not yet qualified ..

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Wednesday, January 20th, 2010 at 19:45 | 0 comments
Categories: Credit, Law, Uncategorized

Report cites flaws in foreclosure prevention effort, sees new wave of defaults Washington Post The foreclosure relief process appears to be backlogged, with some mortgage servicers taking six months to complete a loan modification , according to the …

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Wednesday, January 20th, 2010 at 16:54 | 0 comments
Categories: Law, Mortgage, Uncategorized

The Money Times Federal incentives do little to encourage home- loan servicers Statesman Journal A year ago, the Obama administration set aside $75 billion for the “Making Home Affordable” loan modification program, or HAMP, to help spur loan … Treasury Dept.

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Sunday, January 17th, 2010 at 04:16 | 0 comments
Categories: Mortgage, Uncategorized

Consumer Affairs Home loan modifications rise 20% in Illinois Chicago Tribune The number of Illinois homeowners that received trial or permanent mortgage loan modifications rose by almost 20 …

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Friday, January 15th, 2010 at 10:29 | 0 comments
Categories: Mortgage, Uncategorized

CharlotteObserver.com Bank Of America: Over 20000 Mortgage Modifications Processed Wall Street Journal To qualify for a permanent loan modification , a borrower with a trial modification is required to make three consecutive monthly mortgage payments and … Can Bank Of America Home Loans, Mortgage Modification Program Improve In 2010? Red, White, and Blue Press (blog) Bank of America Reports 20000 Customers Have Received or Are in Final Steps ..

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Thursday, January 14th, 2010 at 08:31 | 0 comments

CBS MoneyWatch.com (blog) Thousands of Homeowners Benefiting from Government's Home Loan Modification … PR Newswire (press release) 13 /PRNewswire/ — The Treasury Department recently released data on activity in its Making Home Affordable (MHA) loan modification program during November …

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Wednesday, January 13th, 2010 at 06:46 | 0 comments

CBS MoneyWatch.com (blog) Should Treasury Get Into the Mortgage Modification Business? Wall Street Journal (blog) Nearly a year ago, the Obama administration trumpeted a loan - modification program that was supposed to save millions of mortgage borrowers from foreclosure. …

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Monday, January 11th, 2010 at 14:09 | 0 comments

NY Fed: Most Successful Mortgage Modifications Reduce Borrowers' Principal Wall Street Journal (blog) The findings could have big implications on the government's current loan modification effort, which focuses on offering incentives to borrowers and loan …

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Monday, January 4th, 2010 at 13:54 | 0 comments
Categories: Mortgage, Uncategorized

Washington Post Questions Surround Fannie, Freddie Wall Street Journal Fannie and Freddie already purchase defaulted loans as they modify them under the administration's loan - modification program, but the additional breathing … Co-signing wasn't a good idea Fresno Bee Fannie and Freddie's End Run FOXBusiness (blog) Millions more to lose homes Workers World Wall Street Pit (blog)

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Tuesday, December 29th, 2009 at 21:15 | 0 comments

Investors Reshape IndyMac Wall Street Journal One area of focus is loan modifications . When the FDIC sold IndyMac to OneWest, the new owners pledged to continue the agency's loan - modification program …

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Sunday, December 27th, 2009 at 17:20 | 0 comments
Categories: Uncategorized

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