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Address the mortgage issue - Mail Tribune


Address the mortgage issue
Mail Tribune
Lenders often sell their home loans soon after they're signed, retaining only their role as mortgage servicing companies. The lenders' disincentive to proceed with foreclosures has been weakened, sometimes to the point at which there's more money to be ...

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A Wells Fargo Loan Modification Victim Speaks Out In Protest - Examiner.com


Bloomberg
A Wells Fargo Loan Modification Victim Speaks Out In Protest
Examiner.com
Among the glaring irregularities that have been uncovered is the fact that on her loan application, the mortgage company at the time, Arrow Mortgage, claimed that the family had $2.5 million in liquid assets, when in reality they had $26000 before they ...
Wells Fargo to Help Sacramento Area Customers Facing Mortgage Payment ChallengesMarketWatch (press release)
Wells Fargo Pilots 'Neighborhood LIFT' Program in Los Angeles, Atlanta, Bank's ...VAdvert Press Center (press release)

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Pilot program to help rural borrowers refinance mortgages, get lower interest ... - Lake County News


Pilot program to help rural borrowers refinance mortgages, get lower interest ...
Lake County News
In 2010, USDA Rural Development established an aggressive modification policy for Guaranteed Loans that helps homeowners who are delinquent on their mortgages. These homeowners can lower their monthly payments through a loan modification that ...
Feds Expand Mortgage Loan Modification Eligibility Under HARPDigitalJournal.com (press release)

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More about Pilot program to help rural borrowers refinance mortgages, get lower interest ... - Lake County News
Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce ... - Boston.com


Fox News
Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce ...
Boston.com
“Fannie Mae and Freddie Mac should be a leader in the arena of loan modification best practices, not an obstruction,” Coakley wrote in the letter dated Feb. 2, adding that the companies “should change course to serve both their own interests and those ...
Coakley urges Fannie, Freddie to do more on foreclosuresBoston Globe
Marine Fights Freddie Mac to Save His HomeHuffington Post
Why Fannie and Freddie are Hesitating to Help HomeownersProPublica
ABC News (blog) -New York Times -Wall Street Journal (blog)
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More about Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce ... - Boston.com
HAMP Loan Program Expands, Too Little Too Late - Huffington Post


Chicago Tribune
HAMP Loan Program Expands, Too Little Too Late
Huffington Post
Under new guidelines for the Home Affordable Modification Program, more borrowers will be eligible. The government will also encourage mortgage companies to forgive chunks of the debt borrowers owe, according to a statement Friday by the Treasury ...
Home-Aid Program ExpandedWall Street Journal
New Changes Announced Today Regarding HAMP ProgramDigitalJournal.com (press release)
White House expands foreclosure prevention programMarketWatch

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More about HAMP Loan Program Expands, Too Little Too Late - Huffington Post
California's Solo Mortgage Probe Complicated by 2008 Deal - BusinessWeek


California's Solo Mortgage Probe Complicated by 2008 Deal
BusinessWeek
The proposed accord would set requirements for how lenders conduct home foreclosures and mandate that the banks fund loan principal writedowns for homeowners and provide refinancings, said a person familiar with the matter who didn't want to be ...

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Loan Modification Event Taking Place in Ontario - LoanSafe


Loan Modification Event Taking Place in Ontario
LoanSafe
Dozens of employees from Bank of America, Wells Fargo, JP Morgan Chase and other loan servicers arrived at the event to meet the hundreds of people who arrived in hope of negotiating a loan modification or drawing up an affordable mortgage.

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Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ... - Huffington Post


Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ...
Huffington Post
In contrast to Wells Fargo's bailout success, German applied twice for a loan modification under the Home Affordable Mortgage Program (HAMP) mandated by the US Treasury as a response to the home mortgage loan crisis. Wachovia/Wells Fargo denied the ...

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More about Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ... - Huffington Post
Bank of America Settlements Impede Fraud Probe, Arizona Says - BusinessWeek


The Consumerist
Bank of America Settlements Impede Fraud Probe, Arizona Says
BusinessWeek
One 2011 accord involving a borrower facing foreclosure who defaulted on a $253142 mortgage included a $5000 payment, plus $7500 for legal fees, and the defaulted payments were waived and the loan was modified to a 40-year term with a 2 percent ...
Is Bank of America muzzling borrowers?CBS News

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Activists protest at Bank of America branch - Detroit Free Press


Press TV
Activists protest at Bank of America branch
Detroit Free Press
The protest was organized by members of Occupy Our Homes, an Occupy movement spin-off that focuses on foreclosures and mortgage company practices. / Photos by REGINA H. BOONE/Detroit Free Press By Tammy Stables Battaglia Dave Kirby, 36, ...
A homeowner who fought foreclosure and wonKansas City Star
How "Occupy Our Homes" Can WinHuffington Post (blog)
If you're about to lose your home …Chicago Tribune

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