Posts tagged Fannie Mae

Boom-Era Property Speculators to Get Foreclosure Aid

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By Prashant Gopal – Mar 5, 2012 12:00 AM ET

The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the More >

Obama Housing Plans vs Reality

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by Cora Currier ProPublica, Feb. 14, 2012, 2:36 p.m.

The Obama administration recently unveiled a string of proposals to help struggling homeowners and get the housing market back on its feet — part of the administration’s “We Can’t Wait” election More >

Why Millions Won’t Get Help From Big Mortgage Settlement

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Image via Wikipedia

by Cora Currier

ProPublica, Feb. 9, 2012, 5:25 p.m.

The Obama administration is billing today’s $25 billion agreement between most states and five banks that engaged in flawed or deceptive practices as a big win for More >

Administration Revamps HAMP to Reach More Borrowers

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By: Carrie Bay

The Obama administration has announced changes to its flagship foreclosure prevention initiative – the Home Affordable Modification Program (HAMP) – which officials say will expand its reach to more distressed homeowners.

Among More >

BofA Halts Cash-out Refinancing; Letters From the Trenches; Mortgage Hiring Continues

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Jan 23 2012, 8:37AM by Rob Chrisman

Hey, if you can’t beat ‘em, join ‘em. I bet many wouldn’t mind making nearly a quarter million a year being a “cutting edge” CFPB regulatorlink. Compare that to a story last week in the Wall Street Journal More >

MERS Settles, Avoiding Class Action Foreclosure Fee Lawsuit

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An 11th-hour settlement is expected to stave off potential class action status in a lawsuit that claims foreclosed borrowers were overcharged for attorneys’ fees that the Mortgage Electronic Registration Systems Inc. did not actually incur.

The More >

Shadow inventory estimates for the US may have been dramatically underestimated

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Michael Olenick: Is Shadow Housing Inventory Vastly Larger Than Widely Believed?

By Michael Olenick, founder and CEO of Legalprise, and creator of FindtheFraud, a crowd sourced foreclosure document review system (still in alpha). You can follow him More >

Audit Finds GSEs’ Regulator Let Complaints Slip Through the Cracks

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By: Carrie Bay, DSNEWS.com

Servicers have been ordered to institute a clear resolution process for consumer complaints as part of the robo-signing settlement with federal regulators. Accountability when it comes to dealing with distressed borrowers More >

MUST SEE MSNBC Nightly News Fraudclosure Series

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No End in Sight to Foreclosure Quagmire Posted by Foreclosure Fraud on May 11, 2011 MSNBC Foreclosure Crisis Reports

You can view/read the main text article for the special report More >

Exposing the Law Firms and Banks in the DOCX Scheme

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RE: Exposing the Law Firms and Banks in the DOCX Scheme (and then the many others)

Posted by Foreclosure Fraud on April 10, 2011 ·

FOR ALL THOSE WHO WANT TO HELP RESEARCH THE DOCX FORGERY SCHEME:

1. Search the official records of your county and More >

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