obama loan modification programs latest news


REST Report Provides Mortgage Loan NPV Analysis; Now Available to Consumers from getRESTreport.com

getRESTreport.com makes the facts and figures used by the banks in determining eligibility for HAMP and other programs available to homeowners. Proprietary software system generates reports so millions of borrowers can access net present value (NPV) data before contacting their bank.
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U.S. Homes Keep Falling Into Foreclosure As Programs Fail To Help

More than three years into the housing crisis that helped trigger a worldwide recession, the torrid pace of home foreclosures continues to tear at the core of the American dream.
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Richard Zombeck: Treasury Used Bogus Info In Report To Homeowners

According to a recent article in HuffPo by Shahien Nasiripour, "Treasury claims that Fannie Mae, which administers its Home Affordable Modification Program, screwed up. As...
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77-year-old on verge of losing home over $1,600

After some seven decades of living, Gilma Gurdon bought her own home on Sandra Street in Garden Grove. A modest home, to be sure two bedrooms, one bath, 800 square feet. But it was hers. Gurdon worked at Mervyns, until the retailer ran...
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The Way I See It

Penny For Pinellas - The name "Penny For Pinellas" was derived from creative folks who wanted to disguise an add-on tax for Pinellas County taxpayers.
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Dan River Region foreclosures up from last year

Homes going into some stage of foreclosure in Danville and Pittsylvania County are up from a year ago, according to the latest data from RealtyTrac.
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Fort Lauderdale foreclosure lawyer sued in stock plunge

David Stern, whose law firm handles 20 percent of all foreclosure cases against Florida homeowners, is being sued himself Broward County attorney David J. Stern, whose law firm handles 20 percent of all foreclosure cases against Florida homeowners, is being sued himself.
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Block out

Detroit attorney Jerome Goldberg leads moratorium activists. A small group of people gathered on Detroit's west side last week to celebrate what appeared to be a victory.
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No government bailout on credit card debt

Dear Debt Adviser, Do you know of any official, government-sanctioned, consumer credit card , bailout programs? If these programs don't exist, are there legitimate services that can actually assist consumers in reducing debt without adverse credit score or credit report consequences ? Any insight is appreciated.
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Mortgage loan defaults drop to lowest level in 3 years

Mortgage loan defaults in California have plunged to their lowest level in three years as lenders try to work to keep troubled borrowers in their homes, a research firm said Wednesday.
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