Foreclosure Settlement Payments Range from $300 up to $125,000
Tim Rood wrote an interesting post today onHere’s a quick excerptHomeowner beneficiaries of the recent settlement agreement made by the Comptroller of the Currency (OCC) and the Federal Reserve Board...
View ArticleHOPE NOW Continues Modifications and Outreach as Foreclosure Sales Ebb
Jann Swanson wrote an interesting post today onHere’s a quick excerptMortgage loan modifications completed through HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors,...
View ArticleLPS Announces new Tool for Fannie Mae’s SMDU Interface
Tim Rood wrote an interesting post today onHere’s a quick excerptLender Processing Services (LPS) has release a new tool for mortgage servicers that the company says will allow them to “provide...
View ArticleForeclosure Prevention Outnumbered Foreclosures 2 to 1 in First Quarter
Tim Rood wrote an interesting post today onHere’s a quick excerptNearly a quarter million homeowners received mortgage loan modifications through HOPE NOW during the first quarter of 2013. The...
View ArticleFannie Aims to Curb Short Sale Woes With New Site
Tim Rood wrote an interesting post today onHere’s a quick excerptFollowing the success of an escalation process initiated in February, Fannie Mae is introducing another website tool to help real estate...
View ArticleModifications Decline Significantly; Foreclosure Sales Rise
Tim Rood wrote an interesting post today onHere’s a quick excerptModifications under the HOPE NOW alliance declined significantly in April, due entirely to a decline in the number of proprietary...
View ArticleModifications Up even as Foreclosure Activity Declines
Tim Rood wrote an interesting post today onHere’s a quick excerptEven as foreclosure activity wanes, homeowners continue to seek and obtain loan modifications through HOPE NOW. The program announced...
View ArticleMortgage Servicers Have Issues According to CFPB
Tim Rood wrote an interesting post today onHere’s a quick excerptMany mortgage servicers are still doing a poor job with record keeping, payment processing and other basic services a report issued by...
View ArticleHousing Groups File in Support of Richmond and Eminent Domain
Tim Rood wrote an interesting post today onHere’s a quick excerptSeveral fair housing and civil rights groups have come to the side of the City of Richmond, California as it attempts to use its power...
View ArticleRichmond Moves Forward on Eminent Domain
Tim Rood wrote an interesting post today onHere’s a quick excerptDespite a lawsuit and threats from the securities industry and the federal government to cut off its credit, the City Council in...
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