Posts tagged Home Affordable Modification Program
Boom-Era Property Speculators to Get Foreclosure Aid
0By 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 >
Administration Revamps HAMP to Reach More Borrowers
0The 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 >
AG Gansler: Wells Fargo Settles Over “Pick-a-Payment” Mortgages Company offers loan modifications and pays nearly $1 million to consumers
0Media Contact: David Paulson, 410-576-6357 dpaulson@oag.state.md.us
BALTIMORE, MD ( Jan. 5, 2012) - Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has entered into an More >
Homeowner Counseling Lowers Payment and Redefault Rate
0Homeowners 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
0FOR 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 >
Treasury Unveils Do-It-Yourself NPV Assessment
0The 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 >
