by admin | Apr 9, 2015 | Homeownership
By Brian Honea The optimism expressed by consumers toward the economy and the housing market at the beginning of the year has stalled as consumers’ attitudes toward personal finances and wage growth have taken a step backward, according to Fannie...
by admin | Mar 19, 2015 | Mortgages
By Brian Honea Two similar pieces of legislation introduced last month in the House and Senate that would extend tax relief to homeowners who are underwater on their mortgage loans have been referred to committees and are waiting to be heard. Congressman Tom...
by admin | Feb 26, 2015 | Latest News/Blog
BY KATE BERRY The Home Affordable Modification Program continues to disappoint. As of Dec. 31, one in three struggling homeowners who received a loan modification through HAMP ultimately redefaulted on those loans, a new report has found. Meanwhile, the program that...
by admin | Feb 12, 2015 | Mortgages
Author: Brian Honea Five of the nation’s largest mortgage servicers will pay more than $123 million to 952 service members and their co-borrowers as part of a settlement with the U.S. Department of Justice over non-judicial foreclosures that violated the...
by admin | Jan 26, 2015 | Latest News/Blog
Author: Tory Barringer A group of mortgage bond investors has sent Ocwen Financial Corp. a notice of non-performance in what could be the precursor toward a future lawsuit, according to a media report. Citing an unnamed source, Reuters reported Friday afternoon that a...
