Somewhere on earth, there must be a more difficult task than this: persuading American mortgage companies to lower payments for homeowners who can no longer afford their loans. But as Karina Montenegro struggles to accomplish this feat for a troubled borrower, she strains to imagine a more futile pursuit.
Read more »Paper Avalanche Buries Plan to Stem Foreclosures
Category: Foreclosures & Short Sales Tags:
Loan Modification
Mortgage loan modification services and programs offered by professional loan modifications companies. Home loan modification programs effective solution for those who face mortgage payment problems.
Read more »
Created by loanstore
37 weeks 2 days ago – Made popular 37 weeks 2 days ago
Category: News Tags:
Category: News Tags:
More Homeowners Getting Aid, but Demand Keeps Rising
In the two months since it launched, the Obama administration's foreclosure prevention plan has outperformed the government's previous attempts, offering more than 50,000 homeowners lower-cost mortgages.
Read more »Category: Foreclosures & Short Sales Tags:
No bankruptcy help for homeowners
Measure to modify delinquent loans in bankruptcy court fails in Senate. Obama administration loses big stick to prod loan servicers to aid troubled borrowers.
Read more »Category: Foreclosures & Short Sales Tags:
U.S. to pay off mortgage investors
Treasury Department announces new mortgage incentivess for lenders, which will reduce monthly payments for millions of borrowers.
Read more »Lenders Battle Lawmakers Over Letting Courts Modify Mortgages
As lenders begin to implement the Obama administration's foreclosure rescue program, Senate Democrats are wrangling with the financial services industry over a key part of the plan that would permit bankruptcy judges to cut the principal owed by mortgage borrowers.
Read more »Freddie Mac’s refinance policy drawing fire
Mortgage brokers and small lenders say they've been left out of a big part of the Obama administration's plan to help borrowers refinance their home loans and take advantage of near record-low interest rates.
Read more »Do You Qualify for Federal Mortgage Assistance Programs?
AThe administration's housing plan provides two types of assistance that are designed to help make mortgages more affordable for up to 9 million homeowners: refinancing and loan modification.
Read more »Regulators struggle to contain foreclosure fraud
Distressed homeowners fall victim to scams promising to save their homes
Read more »Category: Foreclosures & Short Sales Tags:
Mortgage Mod Failure Rates Rising
A Bloomberg story gives the not-heartening news that the government-prodded mortgage modifications are producing higher failure rates as the economy decays:
Read more »
Recent comments
26 weeks 6 days ago
27 weeks 6 days ago
34 weeks 6 days ago
35 weeks 22 hours ago
38 weeks 2 days ago
38 weeks 6 days ago
49 weeks 5 days ago
49 weeks 5 days ago
51 weeks 4 days ago
1 year 2 weeks ago