All posts tagged mortgage modification

It's not just the National Mortgage Settlement's promise of restitution for those abused by foreclosure tactics that's drawing swindlers out of the woodwork. Double-dealers trying to hustle already victimized

In a second report this year charging mortgage lenders with committing foreclosure abuses during National Mortgage Settlement negotiations designed to stop those abuses, every housing counselor surveyed said

Recent enhancements to government programs designed to bail out more underwater homeowners and save others from foreclosure could be lost on millions of Americans. Most consumers don't even know

The National Mortgage Settlement prompted California Attorney General Kamala D. Harris to call for Freddie Mac and Fannie Mae to temporarily suspend all foreclosure sales in California as

The Mortgage Debt Relief Act (MDRA) of 2007 is getting a vote of confidence from the Obama Administration. And that could save you tens of thousands of dollars. The administration's

This four-part video series offers a step-by-step approach to a mortgage modification. The series offers a look at the host of documents you'll have to complete, need-to-know background

It may be impossible to reach every struggling homeowner, but the Obama Administration's upgrades to Making Home Affordable programs should increase the number of homeowners who need help. For

Maria Lozano, a Los Banos, CA homeowner, recently struggled to pay her mortgage so she hired who she thought was a real estate broker. The broker charged her

The government recently announced it has started a high-level task force to prevent mortgage fraud. This sounds great, but is mortgage fraud really a big worry? The Office of the

If G-men were as tough on predatory loans as they now are on mortgage modification fraud, the nation still could be enjoying good times. Those toxic NINJA, no-doc, interest-only,

SIGTARP - The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) today announced that it has shut down online mortgage modification scams that

SIGTARP - The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) on Nov. 16, 2011 announced that it has shut down 85 alleged

The U.S. Treasury is airing the dirty laundry of mortgage servicers who fail to meet federal mortgage modification program guidelines and is withholding financial incentives for the worst

Housing counselors are wringing their hands after giving a stout vote of no confidence to mortgage modification makers. That's not surprising. Work performance conducted by mortgage servicers, if a new

Rules protecting consumers from being taken by modification services also extend to short sale services and other forms of mortgage assistance, including some assistance offered by real estate

The fallout you can expect from walking away from home ownership could include the ire of your neighbors. Even if you are 'underwater' -- owing more on your mortgage

If you thought it was tough getting up to snuff on the mortgage application process, wait until you get a load of the mortgage modification mine field. Mortgage servicers

A mortgage modification doesn't come with a guarantee that it will save your home. Chances are, the same conditions that make it tough for you to afford your mortgage

Beginning in May, BofA will forgive up to 30 percent of the loan principal of homeowners who are severely "underwater," those who owe approximately 20 percent more than