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Treasury relaxes paperwork requirements for loan mods

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
Mortgage principal reductions not in Obama’s plans

Mortgage principal reductions not in Obama’s plans

The Obama administration has no immediate plans to encourage mortgage principal reductions through its foreclosure prevention program, the Treasury...

Mortgage principal reductions not in Obama’s plans
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Treasury aims to speed up short sales

The Treasury Department is giving lenders a new 10-day deadline for responding to short sale offers, in an attempt to move along a process that can drag on for months as banks decide whether...

Treasury aims to speed up short sales

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