While investigating loan modifications, odds are you will find all sorts of information on the Internet (whether on company websites, blogs, news sites or other sources) that give you all sorts of information. Some of that information may be contradictory. While it’s all well and good for different companies to produce different viewpoints, you probably … Read more
A growing recognition that the Obama Administration’s Home Affordability and Stability Program (HASP) is not working in its current design has fingers pointed all over Washington D.C. trying to place blame on mortgage servicers, investors and the administration itself. At hearings this week in Washington, comments ranged from encouraging to total frustration as expressed by … Read more
As the Treasury and the Department of Housing and Urban Development meet with loan servicers to discuss how to quicken the pace of loan relief in the form of loan modifications the reasons/excuses for their slow rollout are being presented by industry watchers and economists. Faced with increasing frustration on all fronts, the aim of … Read more