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Articles Tagged With 'Mortgages'

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.

The Government’s Incredible Shrinking Mortgage Mod Program

The U.S. government's effort to help struggling homeowners from defaulting on their mortgages is approaching a standstill, and the number of homeowners in ongoing mortgage modifications could start shrinking.

Who’s Who in the Foreclosure Scandal: A Primer on the Players

When it comes to untangling the mortgage foreclosure mess, the process' complexity is part of the problem. Here's a primer on the players involved.

Loan Mod Profiles: For Some, a Modification

Permanent loan modifications can save homeowners from foreclosure, but for some, the help does not go far enough.

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.

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.

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.

Loan Mod Backlogs Continue Despite Servicers’ Pledges to Improve

Loan servicers in the federal mortgage modification program continue to have large backlogs, but the administration has failed to respond with any penalties.

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.