Standing Order on Mortgage Foreclosure Mortgage Foreclosure Standing Order – Federal Loss Mitigation Programs has been posted to the Judicial Branch’s website. This standing order …
HAFA Effective Date Today April 5, 2010 The Home Affordable Foreclosure Alternatives (HAFA) Program provides additional options to avoid costly foreclosures and offers incentives to …
Here we go again… “A principal write-down or principal forgiveness is prohibited on Fannie Mae mortgage loans”. Fannie Mae’s Alternative Modification to the Home Affordable …
Not only is Hamp a total failure, entering into any type of modification agreement not only puts you in a far worse place than before …
Introduction Freddie Mac’s Imminent Default Indicator™ (IDI) is a statistical model that predicts the likelihood of default or serious delinquency for mortgage loans that are …
January 28, 2010 TG-516 Administration Updates Documentation Collection Process and Releases Guidance to Expedite Permanent Modifications WASHINGTON – As part of the Administration’s ongoing housing …
By Kathleen M. Howley Jan. 28 (Bloomberg) — When John King stopped making payments on his home in Coral Gables, Florida, two years ago, he …
More Than 850,000 Homeowners Now with Median Payment Reductions Exceeding $500; More Than 110,000 Permanent Modifications Approved to Date Aggressive Administration Campaign Significantly Accelerates Conversion …
The Way We Live Now Walk Away From Your Mortgage! By ROGER LOWENSTEIN Published: January 7, 2010 John Courson, president and C.E.O. of the Mortgage …
Federal Reserve Bank of New York Staff Reports Mortgage modifications have become an important component of public interventions designed to reduce foreclosures. In this paper, …
