Mortgage Modifications

Arthur Delaney

Obama Administration Lets Banks Out Of Doghouse For Bad Mortgage Servicing

HuffingtonPost.com | Arthur Delaney | Posted 03.02.2012

Read More: Mortgages, Treasury Department, HAMP Mortgage, Video, Foreclosure Crisis, Hamp, Mortgage Modifications, Mortgage, Home Affordable Modification Program, Foreclosure, Politics News

WASHINGTON -- The Obama administration announced Friday that as part of a recent $25 billion settlement with big banks, the government will release mo...

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Mark Gongloff

HAMP Homeowner Help Still Coming Too Slowly

HuffingtonPost.com | Mark Gongloff | Posted 02.06.2012

Read More: Foreclosures, Mortgages, Hamp, Video, Mortgage Modifications, Housing, Home Affordable Modification Program, Business News

The Obama administration continues to make halting gains in its efforts to help struggling homeowners, according to a new self-assessment released tod...

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Arthur Delaney

Iowa Contenders Silent On Foreclosure-Crisis Reckoning Sought By Iowa AG

HuffingtonPost.com | Arthur Delaney | Posted 01.03.2012

Read More: Caucus, Foreclosures, Iowa Caucus, Hamp, Video, Mortgage Modifications, Jon Huntsman, Mitt Romney 2012, Elections 2012, Mitt Romney, Foreclosure, Iowa Caucus 2012, Jon Huntsman 2012, Politics News

Republican candidates vying for the support of Iowa caucus-goers on Tuesday evening apparently have nothing to say about the big, bipartisan foreclosu...

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Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down

The Huffington Post | Alexander Eichler | Posted 12.01.2011

Read More: Tarp, Treasury Department, Mortgage Modifications, Mortgage Modification, Troubled Asset Relief Program, Homeowners, Mortgage Scams, Mortgages, Hamp, Video, Bailout, Consumer Financial Protection Bureau, Cfpb, Scam, Foreclosure, Sigtarp, Business News

With the economy losing momentum and the housing market sagging, there has been no shortage of scammers looking to take advantage of struggling homeow...

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Arthur Delaney

First Criminal Charges Filed Over Robo-Signing

HuffingtonPost.com | Arthur Delaney | Posted 11.17.2011

Read More: Catherine Cortez Masto, Foreclosure Fraud Settlement, Lender Processing Services, Mortgage Modifications, State Attorneys General, Gerri Sheppard, Robo-Signing, Mortgage Crisis, Foreclosure, Nevada, Foreclosure Fraud, Gary Trafford, Lps, Business News

The Nevada attorney general has indicted two midlevel staffers at a mortgage document company, Lender Processing Services, on a whopping 606 counts of...

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Arthur Delaney

Fed-Up Judge: 'Somewhere, Someone Has To Stand Up'

HuffingtonPost.com | Arthur Delaney | Posted 11.15.2011

Read More: U.S. Bank, Mortgages, Arlo Guthrie, Mortgage Modifications, Home Affordable Modification Program, Foreclosure, Foreclosure Fraud, Business News

Georgia Judge Dennis Blackmon is fed up with bailed-out banks refusing to help strapped homeowners. "Sometimes, only the courts of law stand to pr...

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Arthur Delaney

White House Doubles Down On Mortgage Modification Spin

HuffingtonPost.com | Arthur Delaney | Posted 12.18.2011

Read More: Mortgages, Video, Hamp, Mortgage Modifications, Housing, Making Home Affordable, Home Affordable Modification Program, Foreclosure, Barack-Obama, Politics News

WASHINGTON -- President Obama said in 2009 that his flagship anti-foreclosure scheme would "enable as many as 3 to 4 million homeowners to modify the ...

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Seniors Face Foreclosure After Making Mortgage Payment Too Early

The Huffington Post | Harry Bradford | Posted 10.22.2011

Read More: Bloomberg, Mortgage Bankers Association, Brian Moynihan, Video, Hamp, Foreclosure Crisis, St. Petersburg Times, Mortgage Modifications, Home Affordable Modification Program, Bank of America, Mortgage Crisis, Obama Administration, Business News

A senior couple in Pasco County, Florida is facing the prospect of foreclosure. But the reason doesn't have to do with missed mortgage payments. This ...

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Arthur Delaney

Obama Administration Makes Anti-Foreclosure Program More Generous For Jobless

HuffingtonPost.com | Arthur Delaney | Posted 09.06.2011

Read More: Treasury Department, HAMP Modification, Hamp, Mortgage Modifications, Mortgage Modification, Home Affordable Modification Program, Foreclosure, Business News

WASHINGTON -- The Obama administration announced Thursday that its signature anti-foreclosure program and the Federal Housing Administration would be ...

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Arthur Delaney

Bipartisan Group Of Senators Targets Mortgage Servicers

HuffingtonPost.com | Arthur Delaney | Posted 07.13.2011

Read More: Mortgages, Hamp, Mortgage Modifications, Home Affordable Modification Program, Regulation of Mortgage Servicing Act, Olympia Snowe, Fraudclosure, Jeff Merkley, Foreclosure, Foreclosure Fraud, Business News

WASHINGTON -- Unimpressed by the recent efforts of state and federal regulators to rein in the mortgage servicing industry, a bipartisan group of sena...

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Arthur Delaney

Accused Mortgage Scammer Loses His Wacky Website After Court Order

HuffingtonPost.com | Arthur Delaney | Posted 06.25.2011

Read More: Mortgage Relief Scam, Howard Shmuckler, Homeowners, Mortgage Modifications, Mortgage Scam, Business News

Accused mortgage-modification fraudster Howard Shmuckler has lost the website he used to call his accusers “the real scammers.” Even though Shm...

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Arthur Delaney

When Banks Won't Help Homeowners, Scammers Help Themselves

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Hamp, Loan Modifications, Mortgage Modifications, Making Home Affordable, Home Affordable Modification Program, Scam Artists, Foreclosure, Mortgage Scams, Foreclosure Scams, Housing Crisis, Business News

Clarification appended When Mohammed Shukran took some time off from driving his cab to care for two ailing family members in 2009, he began worryi...

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Setting the Record Straight on "Fixing Foreclosure-Gate"

Jason Gold | Posted 05.25.2011

Read More: Robo-Signers, Third Way, Foreclosure, Housing Crisis, Ibanez Decision, Blogosphere, Mortgage Modifications, Response, Foreclosure Gate, Politics News
Jason Gold

I have respect for those who work hard every day in sorting out policy problems. Given these stakes, the debate should be a fair one that debates proposals on their merits, not on faulty assumptions.

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Fannie, Freddie In Talks With Government Over Reducing Balances For Struggling Homeowners: Report

Posted 05.25.2011

Read More: Federal Housing Administration, Foreclosure Crisis, Loan Modifications, Freddie Mac, Mortgage Modifications, Fha, Principal Reductions Mortgages, Fannie Mae, Underwater Homeowners, Negative Equity, Business News

NEW YORK: Fannie Mae and Freddie Mac are in discussions with U.S. government officials to join government programs aimed at reducing mortgage balances...

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Arthur Delaney

Treasury Denies Mortgage Program Puts Borrowers Into Default

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Foreclosures, Obama Administratrion, Hamp, Mortgage Modifications, Loan Modifications, Home Affordable Modification Program, Housing Crisis, Foreclosure, Foreclosure Fraud, Business News

A federal watchdog reported Monday that the Obama administration's signature anti-foreclosure program sometimes causes people to lose their homes to f...

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Arthur Delaney

BofA Sued AGAIN Over HAMP: Bank Accused Of Lying About Lost Paperwork

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Bank of America, Hamp Lawsuit, Bofa, Mortgage Modifications, Business News

In a new lawsuit seeking class-action status, homeowners accuse Bank of America of systematically and deliberately failing to comply with the Obama ad...

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Shahien Nasiripour

JPMorgan Chase, Citing Sanctity Of Contracts, Argues Against Mortgage Modifications

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Mortgage Modifications, Wells Fargo, Alan White, Bank of America, Mortgage Crisis, Jamie Dimon, Principal Writedowns, JPMorgan Chase, Loan Modifications, Principal Cuts, Financial Crisis, Junior Liens, Citigroup, Second Mortgages, Business News

With millions of homeowners losing their homes to foreclosure during this recession, megabank JPMorgan Chase plans to argue against the Obama administ...

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Shahien Nasiripour

Obama Foreclosure Plan Makes It Harder For Banks To Reduce Principal For Underwater Homeowners

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Principal Cuts, Principal Writedowns, Mortgage Modifications, Loan Modifications, Mha, Hamp, Making Home Affordable, Home Affordable Modification Program, Occ, Banks, Wall Street, Foreclosure, Foreclosure Crisis, Business News

The Obama administration's plan to help struggling homeowners has had the unintended consequence of making it harder for them to get the most effectiv...

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Shahien Nasiripour

Watchdog: Obama Foreclosure Program Is Likely To Be A Failure

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Loan Modification, Mortgage Modifications, Making Home Affordable, Mortgage Walk Away, Mha, Neil Barofsky, Obama Administration, Inspector General, Hamp, Foreclosure Crisis, Home Affordable Modification Program, Financial Crisis, Strategic Defaults, Sigtarp, Ig, Video, Business News

The Obama administration's signature foreclosure-prevention program is likely to be a failure and has not done enough to help struggling homeowners wh...

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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

Top Treasury Official Backs Off Promise To Stem Foreclosure Crisis, Signature Initiative May Fall Short

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Phyllis-Caldwell, Hamp, Foreclosure Crisis, Loan Modifications, Mortgage Modifications, Making Home Affordable, Home Affordable Modification Program, Mortgage Crisis, Obama Administration, Financial Crisis, Housing Crisis, Video, Business News

A top Treasury Department official indicated Thursday that the Obama administration's signature foreclosure-prevention initiative may not deliver on i...

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Shahien Nasiripour

Obama Announces 'Modest' Foreclosure-Prevention Initiative

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Treasury Department, Foreclosure Crisis, Mortgage Modifications, Middle Class, Mortgage Crisis, Obama Administration, Homeowners, Housing Crisis, Underwater Mortgages, Second-Liens, Mortgages, Loan Modifications, Homeownership, Financial Crisis, Business News

In what senior administration officials repeatedly stressed as a "modest" effort, President Barack Obama announced a $1.5 billion initiative to help f...

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Shahien Nasiripour

Obama Foreclosure Program Shows Slight Gains, Though Troubling Trends Remain (CHARTS)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Mortgage Modifications, Making Home Affordable, Mha, Alan White, Obama Administration, Homeowners, Celia Chen, Phyllis-Caldwell, Hamp, Loan Modifications, Moody's economy.com, Home Affordable Modification Program, Richard Neiman, Financial Crisis, Housing Crisis, Herbert Allison, Business News

One in five eligible homeowners has received the kind of long-lasting relief promised by the Obama administration's signature foreclosure-prevention i...

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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

Treasury Announces Fix To Foreclosure-Prevention Plan, But Nearly 500K Homeowners At Risk Of Being Bounced

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Ocwen Financial, Mortgage Modifications, Making Home Affordable, Alan White, Homeowners, Phyllis-Caldwell, Hamp, Foreclosure Crisis, Loan Modifications, Home Affordable Modification Program, Richard Neiman, Financial Crisis, Business News

With as many as 450,000 troubled homeowners in danger of being bounced out of the Obama administration's signature foreclosure-prevention program due ...

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