Wednesday, July 29, 2009

Banks Asked to Ramp Up Loan Help

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U.S. Wants 500,000 Mortgage Modifications by Nov. 1; Firms Ask for Clarity July 29, 2009 - by Renae Merle - Washington Post Staff Writer S...
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Tuesday, July 28, 2009

Unintended consequence of mortgage modifications: falling credit scores

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July 26, 2009 - by Alexis Leondis - Bloomberg News NEW YORK — Victor Stern thought his money troubles were over when he got approval to modi...

Foreclosures Are Often In Lenders' Best Interest

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July 28, 2009, by Renae Merle, Washington Post Staff Writer Government initiatives to stem the country's mounting foreclosures are hampe...

U.S. Effort to Modify Mortgages Falters

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July 28, 2009 - By Ruth Simon - The Wall Street Journal An Obama administration effort to reduce home foreclosures by lowering the mortgage ...
Friday, July 24, 2009

New GAO report: Home Affordable program needs to be more transparent, accountable

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The U.S Government Accountability Office released a report yesterday calling on the Treasury to make the administration’s Home Affordable Mo...
Saturday, July 18, 2009

Obama turns up heat on mortgage servicers

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Administration will tell financial institutions they must do more to help borrowers. 'We think we can do even more,' official says. ...

Senate Banking Committee Focuses On HAMP

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July 17, 2009 - by John Clapp - Mortgage Orb As a precursor to the July 28 meeting scheduled between Treasury officials and servicers partic...