A defining feature of the 2008 recession was the staggering number of people who lost their homes. While there were 717,522 foreclosures in 2006, according to the Pew Research Center, that number ...

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

Late in April, I went on Fox Business TV news to discuss the Home Affordable Modification Program with Gerri Willis. About halfway through the interview, Gerri asked me if I felt “government should ...

The Mortgage Bankers Association revealed a new program proposal on Friday that is designed to be successor program to the Home Affordable Modification Program, which is scheduled to wrap up at the ...

Bank of America Loan Modification Update • Since January 2008, Bank of America has helped more than 760,000 customers with a completed loan modification or HAMP trial modification. This number ...

An analysis in the March issue of the ABI Journal found that several bankruptcy courts are dealing with the foreclosure crisis through the adoption of loss mitigation programs (LMPs). As Congress ...

The Home Affordable Modification Program was a godsend to many troubled homeowners after the financial crisis, allowing tens of thousands of mortgage holders to reduce their monthly payments to no ...

Mortgages modified through the main federal relief program fell into delinquency at about half the rate as those in other plans because the government provides bigger payment reductions, the Treasury ...

2015-08-11T07:49:24-04:00 https://ximage.c-spanvideo.org ...

So ends George Orwell’s dystopian “Fairy Story” classic, Animal Farm, about the pig-led animal revolt on an English farm. The animals saw in the end that their leaders had slowly become exactly like ...

A Fannie Mae consultant says she was fired after revealing that the troubled financial institution was hindering -- not helping -- homeowners in trouble. The former executive says Fannie Mae put ...

Little Rock - A government program designed to "help" homeowners has instead created a major headache for some Arkansans. Take Kenneth Brown for example. From his East End upbringing to the military ...