hamp

Rabideau Law Firm reported 681 mortgages above $1 million in Palm Beach County in the year ended in March.

Banks reject 72% of applicants under HAMP program

Disabled and unable to work, Vermont home owner Lucy Circe applied for a modification to her mortgage loan from...

Banks reject 72% of applicants under HAMP program
Obama’s home loan modification program just surpasses skeptical expectations

Obama’s home loan modification program just surpasses skeptical expectations

The Obama administration’s Home Affordable Modification Program has saved approximately 802,000 U.S. homeowners from foreclosure as of April 2012,...

Obama’s home loan modification program just surpasses skeptical expectations
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Obama extends taxpayer bailouts to housing speculators

First it was the banks, then it was the mortgage giants, and now it is real estate speculators who...

Obama extends taxpayer bailouts to housing speculators
FHFA Director Ed DeMarco

Treasury calls on taxpayers to fund principal mortgage reductions

Despite opposition from much of the financial industry, the U.S. Treasury Department forged ahead with a plan to offer...

Treasury calls on taxpayers to fund principal mortgage reductions
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With loan mods on the decline, U.S. foreclosures poised to spike: Fitch

Loan modifications are declining to the point where eventual foreclosures for distressed U.S. homeowners are becoming all but certain,...

With loan mods on the decline, U.S. foreclosures poised to spike: Fitch
Treasury falls short on oversight of $75B foreclosure prevention program

Treasury falls short on oversight of $75B foreclosure prevention program

The Obama administration’s $75 billion foreclosure prevention program has been widely criticized for its failure to, well, prevent very...

Treasury falls short on oversight of $75B foreclosure prevention program
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Report finds HAMP program to be lacking

A government evaluation of the Home Affordable Modification Program found it once again to be lacking, according to CNN. HAMP has undergone tweaks since it was introduced in April, but in a recent report,...

Report finds HAMP program to be lacking
Obama “housing scorecard” touts home equity gains, mortgage mods

Obama “housing scorecard” touts home equity gains, mortgage mods

Record-low mortgage interest rates helped to further stabilize the housing market over the past month, according to the latest...

Obama “housing scorecard” touts home equity gains, mortgage mods
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Thousands of struggling borrowers likely denied HAMP mortgage mods in error

The Obama Administration has increased funding for Florida Poor oversight by the Treasury Department and errors by servicers has...

Thousands of struggling borrowers likely denied HAMP mortgage mods in error
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PBC sees 60% surge in foreclosure filings

Palm Beach County saw a 63 percent surge in foreclosure filings last month compared to a month earlier, according to national real estate foreclosure tracking company RealtyTrac’s monthly foreclosure market report released today (see...

PBC sees 60% surge in foreclosure filings
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