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 ...
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 ...
) -- 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 ...
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.
Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...
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 ...
Simplify your mortgage journey with a trusted lender. A loan modification is a change to your original loan terms. You may request a loan modification if you can no longer afford your monthly payments ...
If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...
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 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 ...