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Mortgage Mods

BofA Tried To Screw Over Homeowner, Is Terrible, Says NJ Court

The Huffington Post | Alexander Eichler | Posted 06.25.2012 | Business

In 2009, Bank of America threw a lifeline to Sylvia Ficco, a struggling New Jersey homeowner who'd recently defaulted on a $591,000 home loan. Come jo...

HAMP Homeowners Sue Bank Of America Over Mortgage Modification

USA Today | Posted 05.25.2011 | Politics

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...

Mortgage Modification Whistleblower: Banks Manipulate Process To Limit Loan Mods (VIDEO)

Posted 05.25.2011 | Business

(UPDATE: Full video of ABC's report added below) According to an employee of one of the country's largest financial institutions, facilitating mort...

Mortgage Modifications Still Uncommon Despite Huge Losses From Liquidation Sales

The Huffingtonpost | Matthew Palevsky | Posted 05.25.2011 | Business

Despite efforts by the Obama Administration to stave off foreclosures by providing incentives for banks to modify mortgages for distressed homeowners,...