News about Mortgage Loan Forbearance issue #278

by Joe Manausa on March 29, 2012

03/29/2012
Accounting TodayCongress Introduces Bill to Provide Tax Relief for Mortgage Foreclosure VictimsAccounting TodayIt will allow hundreds of thousands of distressed homeowners to stay in their homes throu more…
03/29/2012
UK Progressive MagazineGeithner's Math Puzzle Beyond Numbers for DeMarco: MortgagesBusinessWeekThe Treasury would pay a maximum of 63 cents for each dollar of loan forgiveness as part of its expan more…
03/28/2012
UK Progressive MagazineMortgage Write-Downs Granted Here, There – Not EverywhereWall Street Journal (blog)“Principal reduction modifications can be an effective tool in the overall arsenal,” sai more…
03/28/2012
UK Progressive MagazinePrivate Lenders Forgive Home Debt as US Lenders BalkBusinessWeekDebt forgiveness was included in 16 percent of loans held by private investors, 25 percent of loans held in bank more…
03/28/2012
Curbed Hamptons8 Don't-Miss Real Estate Deadlines for Buyers, Sellers and OwnersBusiness InsiderDecember 31st, 2012: Expiration of Mortgage Debt Forgiveness Relief Act (unless extended). Normally, more…
03/28/2012
UK Progressive MagazineFHFA Director Protests Principal ReductionsNuWire InvestorThat's because banks in many cases hold the "second liens" on the same mortgages, additional loans taken more…
03/28/2012
TEXT-S&P takes various rating actions on CGCMT 2006-FL2ReutersThe rating actions follow our analysis of the transaction, which included our revaluation of the collateral securing the remaining fou more…
03/28/2012
Fitch Downgrades 3 Classes of WBCMT 2005-C21; Affirms'AAA' ClassesBusiness Wire (press release)Fitch has designated 47 loans (31.55% of the pool balance) as Fitch Loans of Concern, which inclu more…

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