Bank of America has announced that it has completed nearly 21,000 mortgage modifications under the federal government's Home Affordable Modification Program (HAMP), according to the bank's latest ...
A broad coalition of state and national organizations is pushing to preserve a key federal program that has helped more than 1.1 million troubled homeowners and reduced mortgage payments by a median ...
HAMP redefaults damage housing in that the government continues to push a program that is clearly not working. HAMP merely kicks the can down the road and does not address the core economic reality — ...
HOPE NOW released its Q3 2013 data, which shows that approximately 181,000 homeowners received permanent loan modifications from mortgage servicers from July through September of this year. Of the 181 ...
The Home Affordable Modification Program will expire at the end of this year, and experts from the industry talked about its replacement: One Mod: Principles for Post-HAMP Loan Modification at the ...
* Fitch-End of hamp comes against backdrop of improved economy, strong home price growth, which has reduced need for loan modifications in recent years Sign up here. * Fitch-There are several ...
WASHINGTON (Reuters) - A U.S. program aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in 2012, a ...
July 31--Hundreds of thousands of homeowners nationwide are waiting too long for loan modifications to be processed, leaving them in a financial limbo that can last up to a year, according to a ...
Allison Rinehart's best hope for saving her home isn't the massive federal effort to stem foreclosures. She's been denied, possibly in error, for that plan so she's banking on an alternative mortgage ...
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 ...
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