Articles Tagged With 'Loan Servicing'
Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose
An internal document obtained by ProPublica shows that when one of the nation's largest mortgage servicers sought to foreclose on a homeowner last year and lacked a crucial document, they just made one up.
Profiles: Shoddy Bank Practices Continue Even After Mortgage Mods
Many homeowners have received a mortgage modification only to find themselves once again at risk of foreclosure because of errors by their mortgage company. ProPublica investigated six of these cases.
Even After Mortgage Modification, Shoddy Bank Practices Hurt Homeowners
Many homeowners have been granted a hard-fought mortgage modification only to have their mortgage company effectively pull a bait and switch.
Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners
The suit is a window into a broken system where even though the actual investors, when asked, say they want to allow mortgage modifications, the bank that acts as their representative has refused to allow them.
Where Things Stand: Foreclosure Paperwork Scandal
In a scandal that's ballooned in scope since the initial discovery of robo-signers, we review the status of investigations into foreclosure fraud, how courts are handling the mess and what solutions are on the horizon.
Fannie and Freddie’s Regulator Opposes Reducing Mortgages for Struggling Homeowners
The regulator for the government-controlled mortgage giants won’t let them trim loans for homeowners who owe more than their home is worth.
Q&A: Putting the Foreclosure Paperwork Scandal in Perspective
Robo-signing’s just small component of a larger mess made by servicers, according to consumer advocates and attorneys for homeowners. One expert explains how the process should’ve looked.
Mod Program Falling Short of Govt’s Vague Goals
The government's mortgage modification is on pace to fall short of even the administration's vague goals, while details on why homeowners are being disqualified from the program raise questions.
Loan Mod Profiles: Fed Up, Giving Up
A Baltimore homeowner tells why he walked away from his home rather than continue to deal with the loan modification program.
The Reporting Matchmaker Is Looking for More Loan Mod Stories
Homeowners are trying to avoid foreclosure, and journalists want to tell their stories.
Financial Reform Amendment Would Address Loan Mod Problems with ‘Homeowner Advocate’
Legislation would create a federal "homeowner advocate" office to assist in loan modifications.
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.
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
Car Dealers Protected From New Consumer Protection Agency
An amendment to a House bill would shield dealers from new regulation on auto loans.
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.
