News about Mortgage Loan Forbearance issue #298

by Joe Manausa on April 19, 2012

04/18/2012
White House: Helping Responsible Homeowners RefinanceLoanSafeLast summer, the Obama Administration announced that it would allow unemployed borrowers in some existing federal loan programs to put thei more…
04/18/2012
Frannie generosity could cost taxpayers $128 blnReuters Blogs (blog)The firms say that makes reducing loan balances $1.7 billion cheaper than traditional HAMP modification. That's bogus math for t more…
04/18/2012
Looming Expiration of Tax Exemption for Mortgage Relief Haunts Foreclosure …FiredoglakeThe law, first enacted in 2007, allows homeowners who have received principal reductions on their mortgages as more…
04/18/2012
Finally, good news for housingMSN MoneyToday, modifications are more likely to "significantly reduce monthly principal and payments." Defaulting homeowners are the Achilles' heel of the more…
04/18/2012
Chicago TribuneGeithner: Principal Write-Downs Would Improve Returns to TaxpayersAmerican BankerOn April 3, a group of 30 US senators sent a letter to Acting FHFA Director Edward DeMarco urging him to more…
04/18/2012
Spotting an Illegal ForeclosureNuWire InvestorThis is especially true if settlement funds do not end up helping in the form of principal forgiveness, mortgage-rate adjustment or some other type of rel more…
04/17/2012
Student loan debt seen as growing threat to the economyBellingham HeraldBy BECKY YERAK – Chicago Tribune CHICAGO – Move over, mortgages. Get out of the way, Greece. Another economic doomsday scenario more…

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