News about Mortgage Loan Forbearance issue #290

by Joe Manausa on April 11, 2012

04/11/2012
Mortgage regulator says loan-balance cuts will be studiedThe Seattle TimesDeMarco has been reluctant to make such a move, in part because he worries that some borrowers might stop paying their mortgag more…
04/10/2012
Wall Street JournalBoost for Loan Write-DownsWall Street Journal… debts of homeowners by maintaining that other types of loan modification are less costly to the taxpayer-backed mortgage giants. Tha more…
04/10/2012
DeMarco Dissects Arguments for Principal ForgivenessMortgage News DailyPrincipal forbearance operates in a manner very similar to shared appreciation except that with forbearance the investor's sh more…
04/10/2012
USA TODAYPrincipal forgiveness on mortgages gains appealUSA TODAYFHFA's previous analysis has shown that forgiving mortgage debt is no more effective than other loan modification efforts at reduci more…
04/10/2012
Financial TimesIMF: HAMP Was Not Designed To SucceedMortgageorbThe IMF notes that many lenders chose to prefer forbearance and foreclosure, since HAMP borrowers showed a "high probability" o more…
04/10/2012
DeMarco: FHFA Is Weighing The Costs Of Write-DownsMortgageorbby MortgageOrb.com on Tuesday 10 April 2012 Edward DeMarco, acting director of the Federal Housing Finance Agency (FHFA), has signaled that more…
04/10/2012
eCreditDaily.comFHFA's DeMarco Says Principal Forgiveness May Save $1.7 BillionSan Francisco ChronicleThe Federal Housing Finance Agency isn't ready to change its policy barring the two taxpay more…
04/10/2012
IMF pushes case for US debt forgivenessFinancial TimesIn the wake of the Great Depression, President Franklin Roosevelt set up the Home Owners' Loan Corporation, which bought and restructured one more…
04/10/2012
MarketWatchDeMarco Expected to Release New Mortgage Forgiveness AnalysisBloombergThe Federal Housing Finance Agency may make a decision “in the next few weeks” about whether to change its policy b more…

Leave a Comment

Previous post:

Next post: