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Second Lien Mortgages

HAMP's Second Lien Modification Saves Fewer Than 50% of Second Mortgages

Anna Cuevas | Posted 03.19.2012 | Business
Anna Cuevas

Through the 2MP initiative, services of second mortgages have the option to modify the lien or to extinguish it -- which is an admission that the mortgagor is not likely to be repaid for the second mortgage, and they clear their interest in the property by filing a lien waiver.

Rift Widens Between Federal, State Officials On Foreclosure Reform

The Huffington Post | Maxwell Strachan | Posted 06.12.2011 | Business

The rift continues to widen between state and federal officials over foreclosure reform. Since the 50 state attorneys general first issued their pr...

A Marshall Plan For America's Housing Market

Posted 05.25.2011 | Business

NEW YORK (Reuters) - What will it take for the U.S. housing market to shake off the gloom? Even before some of the nation's biggest mortgage lenders...