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Articles Tagged With 'Loan Servicers'

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.

Paul Kiel Talks About the Loan Modification Program

Check Out Our New Loan Mod Page

Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo

Chase Home Finance has rejected some mortgage modifications because it considered the owners' hardships to be temporary.

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

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.

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.

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.

While Debt Mounts, Couple Chases BofA Loan Mod

The government has criticized some mortgage servicers for moving too slowly on the Making Home Affordable program. A California

Bankruptcy Judges, Justice Dept. Rip Mortgage Companies

Complaints about loan servicers have soared in recent years, and bankruptcy cases are exposing the breadth of the problems.