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Tag:
HAMP
Economic News
Most Americans unaware of mortgage modification programs
Although so many mortgages are underwater, most Americans are unaware of the modification programs available to the public in the form of HAMP and HARP.
Economic News
Obama housing plan helps its one millionth homeowner
Housing plan helps one million
The U.S. Treasury Department reported today that since the Obama administration launched their foreclosure prevention program in 2009, nearly one...
Housing News
While reporting on foreclosure fraud, journalist discovers he too is a victim
Chain of title flawed in "nine out of ten" cases
Nevada is ground zero for foreclosures in the wake of the housing crisis and foreclosure...
Economic News
HAMP modifications increased 58 percent in September
A change in tides
It is still argued that the $75 billion taxpayer funded Home Affordable Mortgage Program (HAMP) remains a colossal failure,...
Mortgage
Class action lawsuit filed against Wells Fargo for illegal HAMP denial
Borrowers allegedly misled, defrauded
A new class action lawsuit against Wells Fargo claims that the bank illegally refused to grant permanent loan modifications promised to...
Economic News
Obama issues executive order to fix housing, supporters and critics clash
Executive order to alter HARP
President Obama announced today what is being dubbed the "we can't wait plan," introducing the next phase of the Home...
Economic News
GMAC speeds up foreclosures for HAMP applicants, Treasury buries the abuses
First Fannie, now HAMP
In a recent report from the FHFA inspector general, it was publicly noted that since 2003, Fannie Mae and Freddie Mac...
Mortgage
Uncle Sam’s newest plan – one million refinanced mortgages
Uncle Sam wants YOU (to refinance... if you can)
If there is one thing that our government officials are not, it is quitters. After a...