Articles Tagged With 'Loan Modification'
Logjam Continues for Loan Mods; Big Banks Fare Poorly, Data Show
New Treasury data show that 66,465 homeowners had received permanent loan modifications as of Dec. 31, a significant increase fr
Homeowners Say Banks Not Following Rules for Loan Modifications
Homeowners have presented more cases where their loan modifications were denied, or their trials extended, and the reasons they
Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind
The troubles of a Florida homeowner show how the loan modification program isn’t working as it should for people who are struggl
Homeowners Getting Blame for Lack of Loan Mods, but Evidence Points to Banks and Servicers, Too
Mortgage servicers, who say borrowers have not been submitting needed documents, have their own paperwork problems.
Treasury Still Vague on Penalties for Loan Mod Laggards
The oversight of loan servicers will increase, but the "or else" still isn't specified.
Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short
New guidelines will require loan servicers to give details about why modifications are denied, but some information can still re
The Big Gov’t Mortgage Mod Program: The Latest Numbers
Permanent loan modifications remain slow in coming, leaving questions about the effort's effectiveness.
Freddie Mac, Given Oversight of Mortgage Mod Program, Falls Down on Job
The Treasury and consumer advocates are complaining about Freddie Mac's performance in auditing loan servicers.
Watchdog Report Throws Cold Water on Treasury Loan Mod Celebration
Half a million homeowners have begun trial mortgage modifications, but that doesn't mean they have all dodged foreclosure.
Frustrated Homeowners Turn to Media, Courts
Many people are being denied for the federal mortgage modification program, and some are going public with their complaints.
The Foreclosure ‘Rescue’ Boom on Marketplace
A "foreclosure rescue" company unfazed by court injunctions is now the target of an FBI investigation.
Why Authorities Haven’t Stopped the Foreclosure ‘Rescue’ Boom
Unscrupulous companies promising to arrange mortgage modifications have dodged efforts by law enforcement agencies to shut them
The Secret Test That Ensures Lenders Win on Loan Mods
Mortgage servicers aren't required to disclose the formula they use to decide who qualifies for the federal modification progra
How Are Those Loan Mods Coming? Sept. Edition
About 360,000 borrowers have begun the trial period of the mortgage modification program.
Ex-Countrywide Execs’ Firm Modifies Bad Loans for Taxpayer Cash
PennyMac's managers, once in the business of high-risk mortgages, now stand to profit from their failure.
Subprime Companies Line Up for Gov’t Mortgage Plan
The federal program to modify home loans is paying companies that helped bring on the foreclosure crisis in the first place.
