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By the Numbers: A Revealing Look at the Mortgage Mod Meltdown – ProPublica


Mortgage Rates & Trends (blog)
By the Numbers: A Revealing Look at the Mortgage Mod Meltdown
ProPublica
It provides crucial context to the ongoing government investigation into mortgage servicing practices, which might lead to reforms of how banks and servicers handle homeowner requests for modifications. Only a fraction of struggling homeowners are ...
Homeowner alert to avoid loan modification scammersKTNV Las Vegas

HAMP Loan Modification: The Financial RescueMortgage11
Getting A California Home Loan Modification Approval Under The HAMP PlanPR-USA.net (press release)
Red, White, and Blue Press -LoanRateUpdate (press release)
all 8 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

BofA expands outreach to troubled homeowners – Bizjournals.com


BofA expands outreach to troubled homeowners
Bizjournals.com
BofA has named Rebecca Mairone national mortgage-outreach executive to oversee the initiative. Mairone has had numerous leadership roles in the bank's homeownership and retention and default-servicing programs. In February, BofA opened regional ...
Bank of America expands outreach to troubled homeownersSan Francisco Business Times

BofA doubles default servicing staff, opening centers across the nationHousing Wire
Bank Of America To Expand Staff For Struggling Homeowners OutreachWall Street Journal
Insurance News Net (press release)
all 27 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

AGs eye $25B US foreclosure settlement – Boston Herald


Mortgage Rates & Trends (blog)
AGs eye $25B US foreclosure settlement
Boston Herald
... those consumers responsible enough to make payments on modified loans. “Our goal has been to push for loan modifications that make sense, so that people can stay in their homes, banks don't have to foreclose and properties aren't abandoned,” she said.
Foreclosure deal could take months to finishDaily Reporter (blog)

50-state deal over foreclosures nears; criminal prosecutions not ruled outReynolds Center
States Push Banks to Fix Foreclosure ProcessWall Street Journal
Automated Trader -Bloomberg -Daily News Pulse
all 152 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

Home Affordable Refinance Program Sees More Refinancing Opportunities For … – Red, White, and Blue Press


Home Affordable Refinance Program Sees More Refinancing Opportunities For ...
Red, White, and Blue Press
... the Short Refinance Program or the Home Affordable Refinance Program, negative equity remains an issue that many feel must be addressed, especially if unemployment and slow economic growth may lead to more foreclosures in 2011 and continued trouble ...

and more »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

Bank of America expands outreach to troubled homeowners – Bizjournals.com


Bank of America expands outreach to troubled homeowners
Bizjournals.com
California's largest bank also named Rebecca Mairone national mortgage outreach executive to oversee the initiative. She will report to Terry Laughlin, an executive vice president who heads the newly created legacy asset servicing unit that's working ...
BofA doubles default servicing staff, opening centers across the nationHousing Wire

Bank Of America To Expand Staff For Struggling Homeowners OutreachWall Street Journal
Bank of America to Expand Community Outreach for Distressed HomeownersInsurance News Net (press release)

all 21 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

Homeowner alert to avoid loan modification scammers – KTNV Las Vegas


Mortgage Rates & Trends (blog)
Homeowner alert to avoid loan modification scammers
KTNV Las Vegas
Many are unable to make their mortgage payments because of reduced incomes or payment increases on adjustable rate mortgages. Unfortunately, this situation has spawned a cottage industry of loan modification scammers waiting to prey on unsuspecting ...
HAMP Loan Modification: The Financial RescueMortgage11

Getting A California Home Loan Modification Approval Under The HAMP PlanPR-USA.net (press release)
JP Morgan Chase Trial Home Loan Modifications–Are Homeowners Still Seeing ...Red, White, and Blue Press
LoanRateUpdate (press release)
all 8 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

MERS Backlash Continues as Hundreds of Oregon Foreclosures Halted – Mortgage Rates & Trends (blog)


MERS Backlash Continues as Hundreds of Oregon Foreclosures Halted
Mortgage Rates & Trends (blog)
BNC Mortgage Inc., MERS, US Bank, Finance America LLC, et.al. where a federal bankruptcy judge for the district of Oregon invalidated a foreclosure, saying the banks and MERS failed to show that the property was properly transferred. ...
The Mortgage Mess Settlement Proposal: Off to an Awful StartDailyFinance

Counties Seek Millions From Mortgage GiantNBC New York
Bank Systems & Technology Executive Summit 2011Banktech (blog)

all 11 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

HAMP Loan Modification: The Financial Rescue – Mortgage11


HAMP Loan Modification: The Financial Rescue
Mortgage11
The one most famous and popular FMHA program was the mortgage modification program, which is also known as the Obama home affordable modification program. Under this program, some modifications will be made, in the terms and condition of the existing ...
Mortage modification leads to more troubleBizjournals.com (blog)


all 2 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

California Mortgage Relief Plan And Loan Modifications Services For Homeowners! – Mortgage11


Mortgage Rates & Trends (blog)
California Mortgage Relief Plan And Loan Modifications Services For Homeowners!
Mortgage11
Thus before the bill passed homeowner has turned tenant and a notice is given to him to vacant the property. The notice is further extended to 60 days. Lenders are asked to maintain the vacant homes: The foreclosed homes can remain vacant for a month ...
New Foreclosure-Prevention Programs Available in 18 States and D.C.WalletPop

Anti-foreclosure efforts need more support, not lessArizona Daily Star

all 33 news articles »
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment

Miami Foreclosures Buying The Right Home For You

There are plenty of people who are afraid of investing a foreclosed property. They are thinking that it is not worth investing a property that is already dilapidated or run-down.
March 8th, 2011 | Category: Daily Market News, Foreclosure | Leave a comment
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