News about Mortgage Loan Forbearance issue #234

by Joe Manausa on February 11, 2012

02/11/2012
The Fiscal TimesAfter $25 billion settlement, expect – you guessed it – more foreclosuresTheNewsTribune.combased RealtyTrac Inc. The agreement will direct $17 billion to writing down debt to buffe more…
02/11/2012
KSL-TV'Under water' homeowners hoping mortgage industry settlement can help themKSL-TVShe said the lender, Wells Fargo, informed her that because they were current on their mortgage and making more…
02/10/2012
MassLive.comWith foreclosure abuse settlement complete, Coakley aims at Freddie Mac and …MassLive.comBy State House News Service Associated PressAttorney General Martha Coakley said that unless Fann more…
02/10/2012
Foreclosure settlement may result in wave of home seizuresWashington PostThe five banks included in the settlement control or own 7.3 percent of all outstanding single-family mortgages, according to I more…
02/10/2012
CBS LocalState to get $960 million in foreclosure settlementAnnapolis CapitalAP VIDEO more>> Gansler said the deal will help thousands of Marylanders stay in their homes through enhanced loan mo more…
02/10/2012
Charlotte Observer$338 Million Awaits NC in Mortgage SettlementLoanSafeIn addition to the $25 billion, the settlement also sets new mortgage servicing standards that include third-party oversight of f more…
02/10/2012
Californians to get up to $18 billion in mortgage relief in settlement with …Contra Costa TimesThe settlement will help people whose loans are owned or serviced by the five banks reduce their princi more…
02/10/2012
Pimco Says Foreclosure Deal Cheaper for Banks Than PensionsBusinessWeek“This was a relatively cheap resolution for the banks,” said Simon, the mortgage head at Pimco, which runs the world's la more…
02/10/2012
Which housing proposals are going somewhere?The Real Deal New York (blog)The main requirement for hundreds of thousands of existing USDA borrowers who want to switch to a lower loan rate: Just be on t more…
02/10/2012
The ConsumeristIowa's take of mortgage settlement: $40 millionDesMoinesRegister.comServicers agree to new mortgage loan servicing and foreclosure standards. An independent monitor will ensure mort more…

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