Refinancing when property value falls
Chicago Tribune, United States
The nice part about President Obama's $75 billion loan program is that lenders and borrowers have an added financial incentive to keep paying these loans current.. Mortgage lenders will receive a "pay for success" fee of $1000 for each eligible loan …
Choosing a Mortgage Term bankingMyway.com
Moving to reduce foreclosures Baltimore Sun
Is now the time to refinance your mortgage? ABC2 News
HULIQ - Washington Times
all 20 news articles

Aid to Borrowers Not Preventing Rising Delinquency
Washington Post, United States
By Renae Merle Mortgage lenders have boosted their foreclosure-prevention efforts, but homeowners nonetheless are increasingly falling into delinquency even after receiving help on their loans, according to a government report issued yesterday. …
Mortgage aid often failed to curb defaults Los Angeles Times
US mortgage problems increasing San Francisco Chronicle
Study Buoys Mortgage Modification Wall Street Journal
The Associated Press - Learning Markets
all 271 news articles

Mortgage Fraud Fought
New York Times, United States
Government officials say some companies seek to take advantage of borrowers in danger of default by charging them upfront fees of $1000 to $3000 for help with loan modifications that rarely, if ever, pay off. The frauds often involve companies with …
US warns mortgage fraudsters are eyeing rescue Reuters
US Officials Trumpet Plan To Combat Mortgage Fraud Wall Street Journal
Scams target homeowners seeking foreclosure rescue MiamiHerald.com
Wall Street Journal
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Mortgage delinquencies continue to rise across America
Bizjournals.com, NC
But one factor is the fact that mortgage workouts don’t necessarily translate into a more affordable mortgage. Because many lenders add the late fees and missed payments to the cost of the loan, in 32 percent of cases, the borrowers had a higher …
Report Shows Loan Modifications Not As Effective As Needed Mortgage Foundation
Homeowners Still Behind On Modified Mortgages Consumer Affairs
No kidding. Lower payments are more affordable WalletPop
all 22 news articles

Bill would fundamentally reform home mortgage industry
Los Angeles Times, CA
Borrowers who lied or committed fraud on their loan applications would have no such recourse. The bill would also extend liability for rule violations to third-party securitizers who buy loans for repackaging into mortgage bonds. …
The Return of Jumbo Mortgage Wall Street Journal
Expect some lag time on that new mortgage Ventura County Star
Mortgage Mania! Examiner.com
InjuryBoard.com - Tucson Citizen
all 33 news articles

Aid to Borrowers Not Preventing Rising Delinquency
Washington Post, United States
By Renae Merle Mortgage lenders have boosted their foreclosure-prevention efforts, but homeowners nonetheless are increasingly falling into delinquency even after receiving help on their loans, according to a government report issued yesterday. …
US mortgage problems increasing San Francisco Chronicle
Mortgage aid often failed to curb defaults Los Angeles Times
Study Buoys Mortgage Modification Wall Street Journal
The Associated Press - Learning Markets
all 270 news articles

Government to Offer Plan to Fight Home Loan Scams
Washington Post, United States
By Renae Merle The Obama administration will announce Monday a multi-agency effort to combat loan modification scams. As the country's foreclosure rate rises, companies have popped up offering to help borrowers save their homes. …

Making Home Affordable program may enable millions to refinance …
Los Angeles Times, CA
Through June 2010, borrowers whose loans are owned or guaranteed by Fannie or Freddie may be able to get quick refinances for up to 105% of a home's value. They must be current on their mortgage payments, but administration officials estimate that as …
Fannie: Refinancing Volume Surges In March On Housing Program Wall Street Journal
Lenders Struggle to Find Cash to Quench Growing Demand for Refinancing Washington Post
More help for homeowners The Casper Star Tribune
PR Newswire (press release) - Reuters
all 583 news articles

Just in time, mortgage reform that has a chance
Seattle Times, United States
Borrowers who lied or committed fraud on their loan applications would have no such recourse. The bill would also extend liability for rule violations to third-party securitizers who buy loans for repackaging into mortgage bonds. …
Bring these documents when applying for a mortgage The Newark Advocate
Cleaning up subprime lending mess Tucson Citizen
FINANCIAL MISCONDUCT: What is a liar's loan? InjuryBoard.com
Baltimore Sun - bankingMyway.com
all 20 news articles

US mortgage problems increasing
San Francisco Chronicle,  USA
Loan modification - changing mortgage payments to help borrowers keep their homes - is a cornerstone of efforts to prevent foreclosures. Previously, the comptroller reported that more than half of modified loans ended up delinquent again within months. …
Mortgage delinquencies continue to rise Bizjournals.com
Prime mortgage delinquencies rise Financial Times
Alarm over mortgage 'delinquencies' Financial Times
all 18 news articles