Mortgage Servicers

Gretchen Morgenson: Why The Treasury Needs A Plan B For Mortgages

New York Times | GRETCHEN MORGENSON | Posted 12.06.2009 | Business

Read More: Foreclosure Rates, Mortgage Bankers Association, Timothy Geithner, Loan Modifications, Mortgage Modification, Making Home Affordable, Mortgage Servicers, Treasury, Housing Crisis, Foreclosure, Mortgage Crisis, Business News

A stalled loan modification plan might not be worrisome if the foreclosure crisis were abating. Yet at the end of September, a record 14.4 percent of ...

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Quarter Of Borrowers In Anti-Foreclosure Program Are Late Paying New Mortgage Bill

Washington Post | Renae Merle | Posted 12.05.2009 | Business

Read More: Foreclosure Rates, Timothy Geithner, Making Home Affordable, Lenders, Chase, Mortgage Servicers, Treasury, Borrowers, Financial Crisis, Obama, Foreclosure, Real Estate, JP Morgan Chase, Business News

So far, more than 650,000 borrowers have been enrolled into the initial, or "trial," phase of the program and have seen their payments lowered by an a...

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Shahien Nasiripour

Obama Administration To Shame Lenders That Don't Offer To Modify Mortgages

HuffingtonPost.com | Shahien Nasiripour | Posted 11.30.2009 | Business

Read More: Foreclosure Crisis, Making Home Affordable, Elizabeth Warren, Mortgage Servicers, Mha, Home Affordable Modification, Homeowners, Barack Obama, Mortgages, Hamp, Bailout Bandits, Loan Modifications, Bailout, Financial Crisis, Foreclosure, Congressional Oversight Panel, Business News

Its signature foreclosure-prevention plan having definitively failed to actually help very many homeowners, the Obama administration today announced ...

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Loan Modification Plan Has Helped 20 Percent Of Eligible In California, Nevada And Arizona

AP | ALAN ZIBEL | Posted 11.10.2009 | Business

Read More: Loan Modification, California, Mortgage Modification, Making Home Affordable, Mortgage Servicers, Mortgage Crisis, Loan Mod, Nevada, Arizona, Home Loans, Business News

WASHINGTON — The Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says, but most ...

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Shahien Nasiripour

One Company Responsible For Nearly Half Of All Permanent Mortgage Modifications

HuffingtonPost.com | Shahien Nasiripour | Posted 10.13.2009 | Business

Read More: Elizabeth Warren, Making Home Affordable, Mortgage Servicers, Wells Fargo, Ocwen, Bank of America, Barack Obama, JPMorgan Chase, Mortgages, Loan Modifications, Subprime Mortgages, Bailout Bandits, Bailout, Bailout Watchdog, Financial Crisis, Congressional Oversight Panel, Business News

Nearly half of the permanent home loan modifications under the government's plan to help troubled borrowers come from a single company that handles le...

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Shahien Nasiripour

Mortgage Loan Modification: More Offers Extended, Fewer Homeowners Accepting -- Are Homeowners Losing Hope?

HuffingtonPost.com | Shahien Nasiripour | Posted 10.09.2009 | Business

Read More: Mortgages, Treasury Department, Loan Modifications, Mortgage Modification, Making Home Affordable, Mortgage Servicers, Behavioral Economics, Home Affordable Modification, Mortgage Crisis, Financial Crisis, Obama Administration, Homeowners, Business News

While the Obama administration and reporters trumpet the fact that the administration is about a month early in reaching its stated goal of modifying ...

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Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 10.04.2009 | Business

Read More: Treasury Department, Foreclosure Rates, Foreclosure Crisis, Banks, Bank of America, Recession, Mortgage Servicers, Lenders, Saxon Mortgage, Home Affordable Modification Program, CitiFinancial, Mortgage Modification, Unemployment, Foreclosure, HAMP, Gao, Treasury, Citi, Homeowners, Tarp, Economy, Government Accountability Office, Business News

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

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While Debt Mounts, Couple Chases BofA Loan Modification

ProPublica | Alexandra Andrews | Posted 09.20.2009 | Business

Read More: Bank of America, Loan Modification, Making Home Affordable, Mortgage Servicers, Business News

Bank of America is the biggest mortgage servicer in the business. And judging by Treasury Department data, its customers searching for loan modificati...

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Mortgage Servicers Accused Of Harassing Borrowers, Illegal Fees

AP | DANIEL WAGNER | Posted 09.05.2009 | Business

Read More: Loan Modification, Bank of America, Wells Fargo, Mortgage Servicers, JP Morgan, Lawsuits Mortgage Servicers, Citigroup, Business News

WASHINGTON — Billions of dollars the government is spending to help financially pressed homeowners avert foreclosure are passing through –...

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Mortgage Modifications: Obama Administration Tries To Shame Industry

AP | ALAN ZIBEL | Posted 09.03.2009 | Business

Read More: Loan Modifications, Mortgage Modification, Foreclosure, Mortgage-Servicers, Michael Barr, Business News

WASHINGTON — The Obama administration wants to shame the mortgage industry into doing a better job of helping borrowers avoid losing their homes...

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When "Yes We Can!" Meets "No We Won't!"

Mitchell Bard | Posted 08.31.2009 | Politics

Read More: Foreclosures, Mike Ross, Congress, Public Option, Republicans-Congress, Health Care Costs, Mortgage Servicers, George W. Bush, White Roofs, Democrats Congress, Energy Policy, Barack Obama, Campaign Donations, Change, Tom Coburn, National-Coalition-on-Health-Care, Health Care Reform, New York Times, Banks, Health Care, Blue Dog Democrats, Politics News
Mitchell Bard

If the Democrats in Congress don't find a way to become co-advocates with the president on these important issues, their future political problems will be the least of it.

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