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Showing posts with label modifications. Show all posts
Showing posts with label modifications. Show all posts
Wednesday, July 14, 2010

Mortgage modification help on the way? Maybe in New York.

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The New York Times reports that NYC and unions are pressing banks to modify mortgages. Hoping to succeed where Washington has largely failed...
Sunday, June 13, 2010

Tips for getting a mortgage loan modification

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Writing on Bankrate.com , Marcie Geffner lays out the best ways to get a mortgage loan modification. There are three major points: Getting a...
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Saturday, November 28, 2009

What a Surprise- "Banks aren't modifying loans" says Treasury

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Something many of our readers are familiar with is now news at the New York Times. "U.S. Will Push Mortgage Firms to Reduce More Loan ...
Tuesday, September 8, 2009

Short Sale, Foreclosure, or Deed in Lieu: Which is Best for the Borrower?

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Writing in Realty Times, Bob Hunt, a director of the National Association of Realtors, and Realtor in his own right, addresses the "ben...
Tuesday, September 1, 2009

FDIC's Bair weighs in on financial regulation

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Sheila C. Bair, chairman of the FDIC, has an Op-ed in the New York Times supporting President Obama's call for a new regulatory network ...
Thursday, July 30, 2009

NY Times- Fees deter loan modification effort

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The New York Times reports on the impact that servicing fees have on a lender's willingness to modify a mortgage or otherwise assist a h...
Monday, July 20, 2009

NY Times- Subprime brokers resurface as fixers

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We've previously commented on the presence of folks in the mortgage market who bore some responsibility for the current mortgage crisis....
Wednesday, June 3, 2009

Mortgage Modification Program a Bust - Ask this homeowner

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The New York Times reports on what we have been reporting all along--the Obama administration's mortgage modification programs are not...
Wednesday, May 27, 2009

Defaults after mortgage modification worse than expected?

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The Wall Street Journal addresses mortgage modifications and earlier predictions about high redefault rates. In fact, according to WSJ , ...
Monday, May 4, 2009

Piggy Back Seconds Blocking Modifications?

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At our catbird seat in Northern New Jersey we have heard of many homeowners who have been frustrated in their refinance attempts by low appr...
Friday, May 1, 2009

Second-Home Blues in a time of Recession

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Where's the help for second-home owners during these times? Is the government abandoning those who bought vacation properties during the...
Monday, February 23, 2009

Washington Report: Outlines of Stimulus Plan by Kenneth R. Harney

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Realty Times contributor Kenneth R. Harney outlines the stimulus plan as it affects lenders and borrowers. The 3 key points 1. 3 to 4 millio...
Friday, February 13, 2009

A Plea - Don't Allow Mortgage Cramdown

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One of the proposals before Congress is to allow Bankruptcy Court judges to " cram down " first mortgages on residential real esta...
Saturday, February 7, 2009

Mortgage Modifications a Bust?

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We have previously written about the failure of mortgage modification programs in the current economic crisis. See our post of December 10, ...
Thursday, February 5, 2009

Mortgage Modification May Not be a Cure-all

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Realty Times carries an article by Broderick Perkins – " Is A Mortgage Modification For You?" "Home loan modifications are de...