News about Mortgage Loan Forbearance issue #273

by Joe Manausa on March 24, 2012

03/24/2012
MiamiHerald.comBank of America testing a tool to fight foreclosureThe Seattle TimesHere's how it works: The homeowners in the initial pilot tests all have been previously offered a variety of poss more…
03/24/2012
89.3 KPCC (blog)Mortgage principal reductions versus forbearance89.3 KPCC (blog)Their conclusion: Such loan forgiveness wouldn't just help keep hundreds of thousands of families in their homes, it more…
03/23/2012
Foreclosures Still Haunt the Housing MarketBusinessWeek… down principal because homeowners whose mortgages have been modified without a principal reduction are up to twice as likely to redefault as more…
03/23/2012
Even the Wealthy Have the Option of an Illinois BankruptcyBusiness Review USA (press release)This would give the debtor time to determine his or her best options, which might include a loan modificati more…
03/23/2012
ProPublicaFannie Mae And Freddie Mac: Homeowner Loan Forgiveness Would Save Us MoneyHuffington PostBut this solution has raised passionate opposition: Many borrowers who are paying their mortgages eve more…
03/23/2012
Fannie, Freddie Press For Mortgage Write-DownsKUNMFannie and Freddie guarantee and control most of the home loans in the country. Zandi says that if Fannie and Freddie "fully committed to the ide more…

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