Bookmark this site
Categories
make your voice heard!
- DESPERATE on Loan Modification with HSBC
- turntim on Bank Of America Defends Loan Modification Program
- For those who are defending the "lenders" who have been engaging in illegal conveyences and assignments. It is amazing that today in America it is more shameful to be behind on your bills than it is to perpetrate fraud, deception & othe criminal activ on Fight Your Mortgage Servicer With This Knock Out Punch
- Denice Thomas on Hardship Letter
- BA on $100 Million Lawsuit Filed Against Bank Of America
- Ocwen foreclosed on our after taking two payments after stringing us along for three years. Calling India is impossible. I do not believe thery are helping Americans.. Who can I turn to? on President Obama’s Foreclosure Prevention Plan Explained
- Karl on Principle Reductions: Wipe Out Your 2nd Mortgage With Bankruptcy
- James on Not getting help from Bank of America? Here is a special email form to get help today!
- Bill Jenkins on Chris Fox & Curt Melone: Ex-Associates and Family Speak Out
- wilson mahmood on Loan modification mishap involving Bank of America
Free Loan Modification Help
- Will being an Accommodation Buyer for another mortgage affect my Refinance?Forum: Ask the Attorneys? Posted By: teejay Post Time: 02-09-2012 at 10:16 AM […]
- Chase sent HAMP Mod Docs but already have Chase CHAMP Permanent Mod?Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: tadias13 Post Time: 02-09-2012 at 10:03 AM […]
- Newbie Help with Timelines for settlement of credit card debt??????Forum: Debt Settlement Posted By: saintjoseph Post Time: 02-09-2012 at 10:03 AM […]
- 1099 c but no foreclosureForum: Foreclosures Posted By: Nvrgvup Post Time: 02-09-2012 at 09:09 AM […]
- Bankrupty after HAMP ModificationForum: Mortgage Bankruptcy Posted By: jfmiller Post Time: 02-09-2012 at 09:06 AM […]
- Note of Intent to Foreclose Certified via USPS, "Trial" Payment Approval via FEDEX same DAY..HELP?!Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: Upside Post Time: 02-09-2012 at 08:58 AM […]
- Modification gone wrongForum: Countrywide Home Loans - Tell Us Your Countrywide Story Posted By: manongagnon Post Time: 02-09-2012 at 08:46 AM […]
- AG's are announcing settlement with the banks todayForum: UNITE & FIGHT - Share Your Ideas on How Homeowners Can Fight Back Against Fraud Posted By: estela13 Post Time: 02-09-2012 at 07:52 AM […]
- 3rd Lien Holder Holding Up Sale -- Now Wants to Purchase Home!!!Forum: Short Sale Outpost Posted By: bburkemper Post Time: 02-09-2012 at 06:59 AM […]
- Which financial situation works in favor of mod vs. FC from the bank's POV?Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: inthetrenches Post Time: 02-09-2012 at 06:45 AM […]
Mortgage Modification
On Shaky Financial Ground? 3 Reasons Why Loan Modifications Won’t Solve Your Problems
(Source: Fox News By Bob Massi) – Let’s assume you live in one of the geographical areas hardest hit by the home mortgage crisis. The economic boom that your lender assured you would continue to boost the value of your [...]
Ocwen Offering Mortgage Modifications That Restore Equity for Underwater Borrowers But Let Loan Investors Share in Appreciation When Market Recovers
WASHINGTON, Jul 26, 2011 (Source: MarketWatch) — Ocwen Financial Corporation OCN -0.61% , servicer of residential mortgages, has initiated a loan modification program designed to help distressed homeowners who owe more than their houses are worth and, at the same [...]
Mortgage Industry ‘Didn’t Think Borrowers Were Worth Helping’
(Source: Pro Publica by Lois Beckett) – Outgoing Federal Deposit Insurance Corporation Chairwoman Sheila C. Bair’s revealing exit interview by the New York Times’ Joe Nocera has generated plenty of buzz. But while the interview provided a comprehensive look at [...]
Home Loan Modification Hard to get, Report Says
(Source: The Press Enterprise Leslie Berkman) – California homeowners continue to have trouble getting home loan modifications that stick under the Obama Administration’s Home Affordable Mortgage Program, according to a report released Tuesday by the California Reinvestment Coalition, a consumer [...]
Mortgage Loan Modifications: Be on the Lookout
(Source: ABC News By LINH TRAN) – Being rewarded for doing the right thing is nothing unusual but hard to believe when big banks are the ones doing the rewarding.
When Banks Voluntarily do Principal Reductions
(Source: Reuters) – The holy grail of mortgage modification is principal reduction — the only thing which gets homeowners out of negative equity hell. And one of the big questions is why it’s not more common: it seems to make [...]
Foreclosure Defense – One for Our Side!!
(Source: jacksonville) – There once was a man who had been working with his home loan servicer and had gotten a trial modification. He sent in all his documentation for the permanent modification, but then the servicer said, “You scratched [...]
Treasury Slams Big Banks’ Mortgage Modifications
(Source: By Julie Schmit, USA TODAY) – The nation’s largest mortgage loan servicers have done a poor job in modifying distressed home loans through the government’s foreclosure prevention program and need “substantial improvement,” the Obama administration said Thursday.
Little Help From Government for ‘Underwater’ Homeowners
(Source: Wall Street Journal By Alan Zibel) – Fewer than 5,000 homeowners have taken advantage of an Obama administration program that aids “underwater” homeowners, reflecting banks’ resistance to offer such principal write-downs.
Treasury Approves Mercy Housing Loan Mod Program
(Source: Chicago Tribune By Mary Ellen Podmolik) – The Treasury Department will allow Mercy Housing Inc., a national nonprofit group, to use almost one-quarter of the federal “hardest-hit” funds sent to Illinois for a private mortgage modification program in the [...]
For Md. Homeowner, a Refinance Request Gone Wrong
(Source: The Baltimore Sun) – Angela Cottrell regrets ever calling her mortgage servicer to ask about refinancing options. What Wells Fargo suggested she do ultimately increased her loan balance and ruined her credit, she said.
BofA Accord May Lead to Mortgage-Principal Writedowns, Bill Clinton Says
(sOURCE: By Hugh Son) – Former President Bill Clinton said Bank of America Corp. (BAC)’s accord with mortgage-bond investors may give more “underwater” borrowers a chance to cut the amount owed on their home loans.
US Mortgage Modifications Down 10.5% From Year Ago
WASHINGTON -(Source: NASDAQ By Alan Zibel)- The number of troubled U.S. homeowners receiving help with their mortgages fell by more than 10% from a year earlier in the first quarter as fewer borrowers qualified for help.
‘Mortgage Approved!’ 5 Factors That Make it Happen
NEW YORK (Source: By CANDICE CHOI Associated Press) – There’s rarely been a better time to buy a home. If only you could get approved for a mortgage.
Why is Housing Market Stuck? This Family Offers One Answer
CHICAGO (Source: MSNBC By Bob Sullivan) — Ron and Cheryl Schmalz think they know one reason the U.S. housing market is stuck. They just spent more than two years and created about 50 pounds’ worth of paper trying to get [...]
Oregon Foreclosure Bill Regulating Loan Servicers Still Alive
(Source: By Brent Hunsberger, The Oregonian) – Sources say at least one bill aimed to extending foreclosure protections for consumers and adding greater oversight over loan servicers remains alive today in the Oregon Legislature.
Did Homeowners Respond Strategically to Mortgage Modification Programs?
(Source: Texas Insider) – National Bureau of Economic Research researchers Christopher J. Mayer, Edward Morrison, Tomasz Piskorski and Arpit Gupta investigate whether homeowners responded strategically to news of mortgage modification programs. They exploited plausibly exogenous variation in modification policy induced [...]
$41 Million in Mortgage Help for Troubled Colorado Homeowners
DENVER (Source: Colorado Channel 9 News) – If you’re unemployed, buckling under bills, and at risk of losing your home, the government might be able to help you make your mortgage payments.
CPAC Non Profit Law Clinic Helps 100-Year-Old World War II Veteran After IndyMac/OneWest Bank Forecloses on Home of 38 Years
SANTA ANA, CA–(Marketwire – Jun 22, 2011) – According to Paul Perez, nephew of Mr. Basilio Mosqueda, who just turned 100 years old this June 14th, the United States World War II Veteran, mostly deployed in Europe fighting Nazis, and [...]
Major Mortgage Lenders to Hire Thousands More to Fight Foreclosure
(Source: Fins Finance) – Some of the country’s biggest lenders are planning to hire at least 7,000 additional people to modify mortgages in a bid to quell government criticism. Bank of America plans to add another 5,000 employees by the [...]
People Line up for Mortgage Modification Event
(Source: 8 News Now by Natalie Cullen) – Las Vegas valley homeowners looking to modify their mortgages in an effort to keep their homes will have a chance over the next five days. Experts will be on hand at one [...]
Mortgage Modification Obstacles
(Source: Florida Times Union) -My brother, Stephen, says that a mortgage modification is always better than a foreclosure because of the stability and security it brings to the homeowner’s life. That is a wet blanket statement if the circumstances are [...]
Senate Lawmakers Want Tough Approach in Foreclosure Talks
(Source: WSJ) – Senate Democrats on are calling on a federal bank regulator to take a tougher approach in fixing problems in banks’ home-foreclosure practices.
Filipino Homeowners Get Principal Reduction Relief
UNION CITY, California (Source: by Henni Espinosa, ABS-CBN North America Bureau) – Amy and Peter Asi, who lost both their jobs in 2009, almost gave up on their home. For two years, they had asked their lender, Wachovia, to modify [...]
James Toufic Assali: OC Loan Modification Con Man Saught By Police
(Source: LoanSafe.org by Moe Bedard) – Hey James Toufic Assali, are you a flaming idiot or just a selfish OC prick blinded by greed? Come on dude, you must either have a prison death wish or you simply like to [...]
Springfield’s No One Leaves Campaign Fights on Behalf of Casualties of the U.S. Mortgage Crisis
(Source: Valley Advocate By Maureen Turner) – At 11 o’clock on a chilly, sunny March morning, Inez Williams’ house is scheduled to be sold at a foreclosure auction.
First Universal Lending: Loan modification firm to pay $18.8 million
(Source: TC Palm) PALM BEACH GARDENS — Three Palm Beach County men, including a Palm Beach Gardens attorney, have agreed to an $18.8 million settlement with the Federal Trade Commission following charges the trio preyed on struggling homeowners seeking loan [...]
Chase aims for home loan modifications on the spot
(Source: 9 News) DENVER – It’s the first time Chase has put troubled homeowners, case managers, document collectors and final underwriting decision makers all in the same room in Denver.
US judge blocks foreclosure, rebukes industry practices in Oregon
(Source: Daily Journal) PORTLAND, Ore. — The foreclosure fight in Oregon jumped to a new level last week after a federal judge in Medford rebuked the industry’s sloppy practices in blocking the seizure of a Jacksonville home, and mortgage issuers [...]
Miami leads cities in reports of mortgage modification fraud
(Source: Miami Harold) – South Florida’s high-level of housing distress and large population of minorities combine to make it a nation-leading hotspot for fraudsters offering mortgage modification scams, a new report shows.
Useful Information
Mortgage Calculators, Auto Loan Calculators, Personal Finance Calculators, Student Loan Calculators, Loan Modification, Loan Articles, Loan News
