News about Mortgage Loan Forbearance issue #291

by Joe Manausa on April 12, 2012

04/12/2012
Watchdog Criticizes U.S. 'Hardest Hit' Housing ProgramNASDAQThose states had trouble launching their programs because of the refusal of mortgage-finance giants Fannie Mae and Freddie Mac to al more…
04/12/2012
Wall Street JournalPrincipal forgiveness may save $1.7 billionReno Gazette-JournalAn analysis shows that mortgage loan companies Fannie Mae and Freddie Mac could save $1.7 billion by forgiving the pri more…
04/12/2012
The Epoch TimesFHFA Pushes Relief for Underwater MortgagesThe Epoch TimesUpdated analysis from the FHFA indicated principal forgiveness could lower the foreclosure rate and save Fannie Mae and Freddie more…
04/11/2012
FHFA Principal Forgiveness Wouldn't Directly Affect Credit Unions: CUNA ExecsCredit Union TimesBy Heather Anderson If the Federal Housing Finance Agency launches a mortgage principal forgiveness p more…
04/11/2012
Telegraph.co.ukPlease, no more help for 'zombie' mortgage holdersTelegraph.co.ukA newly formed US Home Owners' Loan Corporation bought distressed mortgages from banks in exchange for bonds more…
04/11/2012
Bank of America invites 19000 distressed homeowners to Miami Beach for helpSouth Florida Business Journal (blog)Jessica Garcia, a VP in national mortgage outreach for Bank of America , said it is brin more…
04/11/2012
Principal Forbearance vs. Forgiveness; More on CFPB and Servicing;…Mortgage News DailyWhat about all those unfortunate folks who don't have a Fannie or Freddie loan – will they miss the USS Debt more…
04/11/2012
DeMarco Speaks! (With Closed Captioning for the Mortgage-Impaired)Huffington PostAnd because the FHFA is now managing Fannie Mae and Freddie Mac, DeMarco's in charge of most American mortgages. He more…
04/11/2012
Moneycontrol.comIMF pushes case for US debt forgivenessMoneycontrol.comIn the wake of the Great Depression, President Franklin Roosevelt set up the Home Owners' Loan Corporation, which bought and more…
04/10/2012
Regulator: Mortgage principal reductions could save $1.7 billionLos Angeles TimesIn addition, it could encourage homeowners who are making their monthly payments to fall behind in order to reduce the more…

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