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Guess Who Says They Are Helping Customers |
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Written by Max
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Tuesday, 12 August 2008 22:33 |
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Treasury Department officials have acknowledged that new data on loan modifications showed that many servicers are underperforming in trying to carry out the Obama administration's foreclosure prevention plan, but they appeared to have little leeway to force improvements. Well, guess who is telling everybody that they're doing a good job of offering modifications! - Max
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Last Updated on Friday, 18 September 2009 05:06 |
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Washington State AG Goes After Scammers |
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Written by Max
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Tuesday, 12 August 2008 10:00 |
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FOR IMMEDIATE RELEASE
August 24, 2009
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Last Updated on Wednesday, 16 September 2009 20:05 |
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Treasury: Ocwen not performing |
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Written by Max
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Monday, 11 August 2008 17:14 |
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Last month's report by the Treasury Department on servicer performance is a brand new monthly analysis that tracks the progress to date of the Making Home Affordable (MHA) loan modification program, which servicers are bound to comply with. Ocwen, along with Wells Fargo, Green Tree, Bank of America, and others, performed near the bottom of the list of servicers. We'll be tracking this new report on a monthly basis.
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Last Updated on Friday, 18 September 2009 05:02 |
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Written by Max
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Monday, 11 August 2008 00:42 |
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FOR IMMEDIATE RELEASE: August 4, 2009
MAKING HOME AFFORDABLE PROGRAM ON PACE TO OFFER HELP TO MILLIONS OF HOMEOWNERS
Public Release of Data Provides Transparency on Servicer Performance
WASHINGTON August 4, 2009 – Today, the Obama Administration released its first monthly Servicer Performance Report detailing the progress to date of the Making Home Affordable (MHA) loan modification program. The purpose of the report is to document the number of struggling homeowners already helped under the program, provide information on servicer performance and expand transparency around the initiative.
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Last Updated on Friday, 18 September 2009 05:05 |
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Mass Judge throws Foreclosures Out |
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Written by Max
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Saturday, 07 July 2007 09:54 |
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A Springfield judge’s ruling has thrown the entire Massachusetts foreclosure market into disarray by bolstering claims that lenders improperly seized thousands of Bay State homes.
Experts say Land Court Judge Richard Long’s recent decision to void two Springfield-area foreclosures over procedural flaws has gummed up resale of foreclosed homes across the state. “It’s just stopped everything,” said North Andover broker Linda Kody, who specializes in reselling foreclosed properties for banks.
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Last Updated on Thursday, 17 September 2009 15:24 |
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The News
