If you missed Sunday's Whistleblower column, here it is. To add to the conversation, go to the original article. The homeowners met at such places as Perkins or McDonald's, desperately handing over ...
) -- Even after a massive foreclosure settlement following the "robo-signing" scandal and the implementation of new servicing standards designed to protect borrowers, bank and non-bank mortgage ...
With higher rates and a challenging lending environment, more and more borrowers are seeking to modify their loans. CRED iQ analyzed all modifications that occurred in 2023 within the securitized ...
The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...
Towana Gooch, a single mom who lives with her 10-year old daughter, was on the verge of losing her town house in suburban Maryland after her mortgage lender kicked ...
Each month, the Treasury Department releases new information about how homeowners in its mortgage modification program are faring. And each month, the numbers get bleaker.
The President's loan modification plan is a good faith attempt at keeping people in their homes, but there are a few economical and operational components missing. First, and foremost, no borrower ...
On May 1, the Trump administration abruptly shut down the only affordable option for many vets who are seriously behind on their VA home loans. The program is called the VA Servicing Purchase program, ...
The Department of Veterans Affairs announced a long-awaited new program on Wednesday to help thousands of veterans who were left on the verge of losing their homes after a pandemic aid effort went ...
“The system as it is now simply was not developed with a large amount of troubled mortgages in mind,” he said. “We do need more of a national effort to impose standards on everybody.” Concern over ...
The Mortgage Bankers Association (MBA) has proposed a new tool for the Home Affordable Modification Program (HAMP) to specifically address the problems of unemployed borrowers. The Unemployed Borrower ...
With inflation and interest rates remaining elevated, some U.S. homeowners are having trouble keeping up with their mortgage payments. Your lender or loan servicer can grant forbearance, a temporary ...
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