Obama’s home loan modification program nearly meets Congress’ skeptical expectations
TRD Staff | June 07, 2012 01:00PM
The Obama administration’s Home Affordable Modification Program has saved approximately 802,000 U.S. homeowners from foreclosure as of April 2012, slightly exceeding the Congressional Oversight Panel’s...
Obama’s home loan modification program nearly meets Congress’ skeptical expectations
Taxpayer bailout extends to housing speculators
TRD Staff | March 05, 2012 10:00AM
First it was the banks, then it was the mortgage giants, and now it is real estate speculators who...
Taxpayer bailout extends to housing speculators
With loan mods on the decline, U.S. foreclosures poised to spike: Fitch
TRD Staff | February 08, 2011 10:18AM
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
TRD Staff | January 27, 2011 03:50PM
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
Report finds HAMP program to be lacking
TRD Staff | December 14, 2010 04:19PM
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
TRD Staff | November 19, 2010 09:29AM
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
Thousands of struggling borrowers likely denied HAMP mortgage mods in error
TRD Staff | June 30, 2010 09:30AM
Poor oversight by the Treasury Department and errors by servicers has led to what may be thousands of homeowners...
Thousands of struggling borrowers likely denied HAMP mortgage mods in error
Thousands of struggling borrowers likely denied HAMP mortgage mods in error
TRD Staff | June 30, 2010 09:30AM
Poor oversight by the Treasury Department and errors by servicers has led to what may be thousands of homeowners...
Thousands of struggling borrowers likely denied HAMP mortgage mods in error
New lawsuit charges JPMorgan with denying home loan modifications
By Candace Taylor | May 04, 2010 08:58AM
Queens homeowner Alex Lam was up-to-date on his mortgage payments until recently, when he tried to apply for a...
New lawsuit charges JPMorgan with denying home loan modifications
Treasury relaxes paperwork requirements for loan mods
TRD Staff | January 29, 2010 12:18PM
Borrowers participating in the Obama administration’s Home Affordable Modification Program will soon have a simpler route to mortgage loan...
Treasury relaxes paperwork requirements for loan mods