All Posts Tagged With: "delinquent"
Mortgages: Which Lenders Are Modifying Loans?
Along with the Treasury announcement yesterday that 230,000 borrowers have started loan modification trials, the government also released figures showing the level of modification activity among leading lenders
The government looked at loans that were at least 60 days delinquent and then at the number of mortgage workouts which followed.
Leading the league was Lake [...]
How To Get A Successful Loan Modification (With Obama Update)
Is it possible to get a mortgage modification without being foreclosed or behind on your payments? For an increasing number of borrowers the answer is “yes” because recent changes in the mortgage industry now make loan modifications more likely than at any point since the financial meltdown began.
For much of human history mortgage lenders have [...]
Is The Public Really “Confused” About FHASecure Mortgages?
HUD was supposed to help borrowers with toxic loans. After all, President Bush said the FHASecure program “will allow American homeowners who have got good credit history but cannot afford their current payments to refinance into FHA-insured mortgages.”
HUD, however, has redefined the mission. It now says that its FHASecure information has been “modified to [...]
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