Laurie Goodman

WATCH Banks Could Lose $97 BILLION From Mortgage Crisis

The Huffington Post | William Alden | Posted 05.25.2011

Read More: JPMorgan Chase, Laurie Goodman, Amherst Securities Group, Bank of America, Mortgage Crisis, Mortgage Putbacks, Business News, Mortgage-Backed Securities, Housing Crisis, Video, Business News

As investors try to get refunds for shoddily documented mortgage securities, banks could lose nearly $100 billion, according to one company's estimate...

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Shahien Nasiripour

75% Of Homeowners In Obama's Loan Modification Plan Still Owe More Than Their Homes Are Worth

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Tarp, Wall Street Bailout, Laurie Goodman, Elizabeth Warren, Mortgage Walk Away, Backdoor Bailout, Underwater Mortgages, Richard Neiman, Financial Crisis, Congressional Oversight Panel, Negative Equity, Video, Business News

More than three-quarters of homeowners who have had their monthly mortgage payments reduced under the Obama administration's primary foreclosure-preve...

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Shahien Nasiripour

Treasury Getting More Comfortable With Principal Write-Downs -- Sort Of

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Fdic, Mortgage Modifications, Laurie Goodman, Homeowners, Principal Writedowns, Underwater Mortgages, Foreclosure Crisis, Loan Modifications, Principal Cuts, Treasury Department, Financial Crisis, Housing Crisis, Sheila Bair, Negative Equity, Business News

Is the Treasury Department finally going to help homeowners who owe more than their homes are worth get out from underwater? Maybe, maybe not. At a ...

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Shahien Nasiripour

Obama Administration Knew Foreclosure Program Wasn't Working Right, Did Nothing

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Principal Reduction, Foreclosures, Mortgage Modifications, Laurie Goodman, Making Home Affordable, Mha, Alan White, Obama Administration, Underwater Mortgages, Mortgage Crisis, Hamp, Foreclosure Crisis, Loan Modifications, Home Affordable Modification Program, Principal Cuts, Treasury Department, Financial Crisis, Seth Wheeler, Negative Equity, Business News

This story has been updated: See below. Even as the Obama administration's signature foreclosure-prevention program has foundered, Treasury Departmen...

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Shahien Nasiripour

Securitization Is Back! Investor-Owned Mortgages Have High Re-Default Rates, Says Report

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Freddie Mac, Foreclosures, Occ, Laurie Goodman, Home Affordable Modification, Homeowners, Making Home Affordable, Securitized Mortgages, Fannie Mae, Barack Obama, Securitization, Mortgages, Foreclosure Crisis, Office of the Comptroller of the Currency, Homeownership, Hamp, Office of Thrift Supervision, Ots, Financial Crisis, Housing Crisis, Video, Business News

The securitization of mortgage loans has been blamed for helping cause the financial crisis -- and now it seems to be complicating recovery efforts. ...

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Obama's Loan Modification Plan 'Destined To Fail': Amherst Securities (TRANSCRIPT)

Posted 05.25.2011

Read More: Hamp, Mortgage Modifications, Loan Modifications, Laurie Goodman, First American CoreLogic, Foreclosues, Home Affordable Modification, House Financial Services Committee, Negative Equity, Underwater Mortgages, Video, Business News

In Congressional testimony today, a mortgage market expert offered scathing criticism of the Obama administration's plan to help distressed homeowners...

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