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Articles Tagged With 'Loan Modification'

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

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

Loan Mod Profiles: Delayed Then Denied, Often Mistakenly

Homeowners rejected for mortgage modifications tell of errors by their loan servicers.

Homeowner Questionnaire Shows Banks Violating Gov’t Program Rules

Mortgage servicers regularly break the government's loan modification rules, homeowners report to ProPublica.

Loan Mod Profiles: The Runaround

Many who are facing foreclosure say that paperwork errors and other problems are bogging down mortgage modifications.

The Reporting Matchmaker Is Looking for More Loan Mod Stories

Homeowners are trying to avoid foreclosure, and journalists want to tell their stories.

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.

In Financial Regulation Bill, Increased Transparency for Loan Mod Program

The formula for testing homeowners’ eligibility for a mortgage modification will not be a secret anymore.

Survey: Homeowners Working With Servicers Often Blindsided by Foreclosures

Many housing counselors in California are seeing clients lose their homes while pursuing mortgage modifications.

No Penalties for Mortgage Company with Worst Loan Mod Backlog

Saxon Mortgage has the largest proportion of homeowners caught in modification limbo, yet has not been subject to any government penalties.

Chase Leaves Thousands Stuck in Loan Mod Limbo

Chase has the most homeowners who have spent more than six months in a trial mortgage modification.

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.

Gov’t Loan Mod Program Leaves Some Homeowners Worse Off

Some homeowners in loan modification trials are discovering that, if they’re booted out, they owe more than if they hadn’t been in a trial to start with.

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.

Disorganization at Banks Causing Mistaken Foreclosures

Communication problems have caused some to lose their homes even while trying for mortgage modifications.