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Fannie, Freddie mortgage deal may increase losses (Louisville Courier-Journal)

January 2, 2010 by admin · Leave a Comment 

The government’s pledge of unlimited financial aid to mortgage giants Fannie Mae and Freddie Mac will help keep mortgage rates low, and may wind up being a gift of sorts to struggling homeowners and banks.

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Fannie, Freddie mortgage deal may increase losses (Louisville Courier-Journal)

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Obama administration pushes to make mortgage modifications permanent (Baltimore Sun)

December 6, 2009 by admin · Leave a Comment 

Guidelines follow complaints involving restructured mortgages meant to keep homeowners from foreclosure The Obama administration has announced a renewed push to get mortgage companies to convert hundreds of thousands of temporarily restructured home loans into permanent ones by the end of the year to help keep struggling homeowners from falling into foreclosure.

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Obama administration pushes to make mortgage modifications permanent (Baltimore Sun)

struggling-homeowners

Obama administration pushes to make mortgage modifications permanent (Baltimore Sun)

December 6, 2009 by · Leave a Comment 

Guidelines follow complaints involving restructured mortgages meant to keep homeowners from foreclosure The Obama administration has announced a renewed push to get mortgage companies to convert hundreds of thousands of temporarily restructured home loans into permanent ones by the end of the year to help keep struggling homeowners from falling into foreclosure.

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Obama administration pushes to make mortgage modifications permanent (Baltimore Sun)

struggling-homeowners

Obama administration pushes to make mortgage modifications permanent (Baltimore Sun)

December 6, 2009 by · Leave a Comment 

Guidelines follow complaints involving restructured mortgages meant to keep homeowners from foreclosure The Obama administration has announced a renewed push to get mortgage companies to convert hundreds of thousands of temporarily restructured home loans into permanent ones by the end of the year to help keep struggling homeowners from falling into foreclosure.

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Obama administration pushes to make mortgage modifications permanent (Baltimore Sun)

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Mortgage firms get heat from Obama administration (St. Louis Post-Dispatch)

December 1, 2009 by admin · Leave a Comment 

WASHINGTON — The Obama administration on Monday announced a renewed push to get mortgage companies to convert thousands of temporarily restructured home loans into permanent ones by the year’s end to help keep struggling homeowners from falling into foreclosure.

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Mortgage firms get heat from Obama administration (St. Louis Post-Dispatch)

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Mortgage modifications to get push (Chicago Tribune)

November 30, 2009 by · Leave a Comment 

As trial loan restructurings linger, administration wants more permanent solutions — The Obama administration on Monday announced a renewed push to get mortgage companies to convert thousands of temporarily restructured home loans into permanent ones by the year’s end to help keep struggling homeowners from falling into foreclosure.

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Mortgage modifications to get push (Chicago Tribune)

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What’s Next for Mortgage Rates? (BusinessWeek)

November 30, 2009 by admin · Leave a Comment 

Sometime in the next five months, the Fed will stop buying mortgage-backed securities. Get ready for higher rates

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What’s Next for Mortgage Rates? (BusinessWeek)

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Mortgage aid program helping fraction of borrowers (The Journal News)

August 16, 2009 by admin · Leave a Comment 

WASHINGTON - The government’s $50 billion program to ease the mortgage crisis is helping only a small fraction of struggling homeowners, and a list released yesterday showed which lenders are laggards.

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Mortgage aid program helping fraction of borrowers (The Journal News)

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Marshall & Ilsley Restates 2Q, View On Mortgage Sale (Nasdaq)

August 10, 2009 by · Leave a Comment 

Marshall & Ilsley Corp. (MI) restated its second-quarter loss on Monday as Wisconsin’s largest bank sold 800 residential mortgage loans, nearly all of which were nonperfoming.

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Marshall & Ilsley Restates 2Q, View On Mortgage Sale (Nasdaq)

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Getting mortgage relief an uphill battle (MSNBC)

August 10, 2009 by admin · Leave a Comment 

Last week’s news on the slow pace of mortgage relief for millions of struggling homeowners generated a flood of mail from readers looking for help. The Answer Desk, by John W

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Getting mortgage relief an uphill battle (MSNBC)

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