Permanent Modifications

HAMP Homeowners Sue Bank Of America Over Mortgage Modification

USA Today | Posted 05.25.2011

Read More: Court, Mortgage Mods, Making Home Affordable, Bank of America, Permanent Modifications, Obama, Lawsuit, Housing Crisis, Underwater Mortgages, Mortgage Modificiations, Hamp, White House, Foreclosure, Class Action Lawsuit, Politics News

Permanent modifications, which lower mortgage payments to 31% of a borrower's pretax monthly income for five years, have been given to only about a th...

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Obama Administration Floats Idea To Ban All Foreclosures Until Government Review

Bloomberg | Posted 05.25.2011

Read More: Foreclosures, Making Home Affordable, Mortgage Servicers, Permanent Modifications, Loan Mods, Underwater Mortgages, Trial Modifications, Mortgages, Loan Modifications, Principle, Predatory Lending, Treasury, Hamp, Financial Crisis, Foreclosure, Wall Street, Business News

Feb. 25 (Bloomberg) -- The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they ha...

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Bank Of America's Foreclosure Rescue Failure: Only 1 Out Of 1,600 Borrowers Have Received Permanent Modifications

Huffington Post | Marcus Baram | Posted 05.25.2011

Read More: Obama Foreclosure Program, Permanent Modifications, Home Affordable Modification Program, Bank of America Loans, Foreclosure Rescue, Business News

On Monday, the Huffington Post's Shahien Nasiripour reported on the failure of President Obama's $75 billion foreclosure program, citing JPMorgan Chas...

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