The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...
Finance Strategists on MSN
How loan modification programs might work, including their downsides
Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling ...
Though critics say it's too little, US claims mortgage modification progress. WASHINGTON, Oct. 8, 2009 -- The Obama administration Thursday announced they have already met their goal of modifying ...
A loan program that can help with housing costs is flying under the radar in Berkshire County. The Home Modification Loan Program is a state-funded initiative that provides up to $50,000 in financing ...
FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...
Treasury Department today released trial modification numbers for all 50 states. Nov. 10, 2009 -- The Obama administration today announced that over 650,000 borrowers have entered into trial loan ...
Apparently the easiest way to get a loan modification these days is to have a news reporter make a call for you. That seems to have been the case for Maria C. Nido, a friendly and humble 55-year-old ...
WASHINGTON, March 23 (Reuters) - A U.S. program aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in ...
Bank of America launched a new mortgage-modification program that, for the first time, proposes reducing the principal on loans. It's the most ambitious program yet. Foreclosures are still at high ...
I heard no one can get loan modifications after this year — that the programs expire. Is that true? — Bruce D., of Henderson No. It isn’t. When people talk about loan modification or foreclosure ...
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