Current and Important News regarding Home Loan Modifications
- US Govt Unveils New Mortgage Modification Incentives
Wall Street Journal - Apr 28, 2009: The administration said it will take steps to incorporate Hope for Homeowners into its loan modification program. Servicers will be required to determine ...
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Some borrowers try to cheat for better mortgage deal
Newsday - Today: It's early yet, but Making Home Affordable, which consists of a refinancing option and a loan modification option, has gotten only mixed grades, ...
- Treasury Offers Incentives for Mortgage Modifications
Bloomberg - Today: The new compensation for lenders is designed to help more borrowers whose home values are below what is owed on the mortgage obtain loan modifications or ...
- Unable to stem foreclosures, Obama tries the next best thing
Daily Finance - May 15, 2009: If a person applies for another home loan in that seven-year period, they're likely to face a lot of rejection or much higher interest rates. ...
Be sure to review the latest scrolling news below!