Posts tagged HAMP

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 >

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 >

Homeowner Counseling Lowers Payment and Redefault Rate

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12/19/2011 By: Krista Franks DSNews.com

Homeowners who receive counseling through the National Foreclosure Mitigation Counseling (NFMC) Program are at least 67 percent more likely to be current on their loans nine months after a loan modification More >

Overall Mortgage Performance Stable, Delinquencies Remained Elevated in Third Quarter 2011

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FOR IMMEDIATE RELEASE December 21, 2011Contact: Bryan Hubbard (202) 874-5770 Overall Mortgage Performance Stable, Delinquencies Remained Elevated in Third Quarter 2011 WASHINGTON—The performance of first-lien mortgages serviced by large national More >

Secret Docs Show Foreclosure Watchdog Doesn’t Bark or Bite

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Secret Docs Show Foreclosure Watchdog Doesn’t Bark or Bite

by Paul Kiel ProPublica, Oct. 4, 2011, 11:26 a.m.

Why has the administration2019s flagship foreclosure prevention program been so ineffective in helping struggling homeowners get loan More >

Treasury Unveils Do-It-Yourself NPV Assessment

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By: Carrie Bay

The U.S. Treasury on Monday announced the launch of a Web-based tool that allows homeowners themselves to conduct a net present value (NPV) assessment of their mortgage.

As part of a borrower’s evaluation for the Home Affordable 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 >

Banks float $5 billion deal to settle foreclosure probe: report

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(Reuters) – Major banks are willing to pay as much as $5 billion to settle claims by federal and state officials of improper mortgage foreclosure practices, the Wall Street Journal reported, citing people familiar with the situation.

The banks’ More >

INVITE: TODAY Thurs Nov 11th: Fort Lauderdale Happy Hour for Combatants of Illegal Foreclosures

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This is an extension of 4ClosureFraud’s West Palm beach Happy Hour in FORT LAUDERDALE. GO HERE: http://wp.me/pFWnq-3F6

YOU have something to share! Please come and join other Homeowners, Real Estate / BK / Title Attorneys, Realtors, Distressed More >

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