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Permanent Modifications

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...

Obama Administration Floats Idea To Ban All Foreclosures Until Government Review

Bloomberg | Posted 05.25.2011 | Business

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

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 | Business

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