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Articles Tagged With 'Foreclosure'

New York State Foreclosure Mediation Shows Glimmers of Hope in Helping Homeowners

New York is requiring banks to sit down with homeowners before foreclosing. And it’s slowly starting to pay off.

Gov’t Has Spent Small Fraction of $50 Billion Pledged for Loan Mods

Data obtained by ProPublica show how much has gone to each mortgage servicer in the government’s foreclosure prevention program.

Mortgage Investors Join Outcry Against Banks

The investors who own mortgages are starting to threaten legal action over the way banks and mortgage servicers operate.

Homeowner Tips for Getting Loan Modifications

Homeowners dealing with the load modification process offer some tips to make sure others can succeed.  

Loan Mod Profiles: In Trial Limbo

Extended trial periods delay answers and cause problems for homeowners looking for mortgage modifications.

Profiled Homeowner Gets a Mortgage Modification

Wells Fargo has finally given a loan modification to a long-frustrated homeowner who had feared foreclosure.

For Gov’t Mortgage Mod Program, New Numbers Show Old Problems

Homeowners still have long, costly waits in the federal foreclosure-prevention program.

After Fannie Error, Treasury Issues Correction on Mod Program Default Numbers

The government's latest, promising numbers on its mortgage modification program turn out to be wrong.

Resources for Investigating Investor Restrictions on Mortgage Modifications

Our guide on how to investigate the investors' contract that governs your mortgage.

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors

Homeowners who are refused mortgage modifications are sometimes given a reason that is false.

Loan Mod Logjam Continues for 265,000 Homeowners; Failures Jump

Many who have started in the government's mortgage modification program have been in trials longer than six months.

Only $242 Million Spent So Far on Gov’t $75B Mortgage Mod Program

The U.S. has spent only $242 million of its pledged $75 billion for foreclosure prevention.

Financial Reform Amendment Would Address Loan Mod Problems with ‘Homeowner Advocate’

Legislation would create a federal "homeowner advocate" office to assist in loan modifications.

Disorganization at Banks Causing Mistaken Foreclosures

Some people have lost their homes even while going through the mortgage modification process.

The Homeowners Whose Loss Was Paulson’s $1 Billion in Gain

The Wall Street Journal found the borrowers whose home mortgages were the underlying collateral in Goldman Sachs' Abacus deal.

New March Mortgage Mod Data: Cancellations Jump, Logjam Continues

The government reports a big increase in the number of homeowners who are denied loan modifications.

Treasury, Ahem, Clarifies Goals for the Mortgage Mod Program

The number of expected loan modifications in the government's foreclosure prevention program isn't as high as earlier figures s

Paul Kiel Talks About the Loan Modification Program