Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – The U.S. Department of Housing and Urban Development has made available a $1-billion lifeline to American homeowners who have problems with their mortgage payments. The fund, launched in June, is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Its aim is [...]
Posts Tagged ‘Mortgage’
HUD helps American homeowners with mortgage problems through $1 billion emergency loan fund
July 7th, 2011 
davidguide Two Houston men sentenced in mortgage fraud case
June 2nd, 2011 davidguide Adrian Levale Cole, 40, and Albert Terrance Watkins, 47, were behind a scam to purchase several residential properties in the Houston area through fraudulent mortgage loans, officials said. View full post on All Stories
Posted in Lending News 
Tags: area, case, fraud case, houston area, houston men, Mortgage, mortgage fraud, mortgage loans, Post, residential properties, Stories, View, watkins 
Comments OffForeclosure Contractors Face New Scrutiny From States
May 27th, 2011 davidguide ProPublica Staff United States (ProPublica) – by Marian Wang While federal and state officials investigating flawed foreclosures have largely focused on holding the banks accountable and bringing relief to wronged homeowners, officials in a few states have begun targeting the more obscure middlemen of the foreclosure scandal. Prosecutors in California and Illinois have sent subpoenas [...]
Posted in Lending News Tags: attorney general lisa madigan, Bank, consent order, Firm, illinois attorney general, illinois attorney general lisa madigan, LPS, mdash, Mortgage, mortgage documents, mortgage processing, scandal, state Comments OffReport shows nearly a quarter of nation’s foreclosures are in Florida
May 27th, 2011 davidguide Palm Beach Post Thursday, May 26, 2011 WEST PALM BEACH — Nearly a quarter of the nation’s home foreclosures have Florida addresses, leaving the Sunshine State with the largest chunk of the country’s mortgage problem. The number of Florida loans in foreclosure — 466,454 — is more than the total number of loans in 22 [...]
Posted in Lending News Tags: Association, chunk, florida loans, home, Mortgage, mortgage bankers association, mortgage delinquencies, mortgage problem, national foreclosure, palm beach post, problem, report, West Palm Beach Comments OffLoan Modification Agencies Can Work With Counseling Services
May 21st, 2011 davidguide 1st Foreclosure Prevention, like many other loan modification agencies, is an agency that can work to handle counseling services. These services are used to help with ensuring that a person will be able to know what to do with one’s mortgage needs. This is a necessity in that a counseling service can work to ensure [...]
Posted in Lending News Tags: Act, Agency, Counseling, counseling service, counseling services, do the right thing, important things, loan modification, Mortgage, mortgage foreclosure prevention, necessity, person, prevention act Comments OffMore Permanent Loan Modifications Are on The Market Than Ever Before
May 18th, 2011 davidguide Loan modification agencies have been working around the clock to stop foreclosures. Much of this comes from how they are working with the Home Affordable Modification Program. This program that is used for loan modification services is helping to get more people to get into permanent loan modifications. Agencies like 1st Foreclosure Prevention are looking [...]
Posted in Lending News Tags: foreclosure prevention, loss, loss mitigation specialist, monthly mortgage payments, Mortgage, mortgage loan modification, new mortgage, period, person, Specialist, treasury department, trial period, type Comments OffIncome For HAMP Loan Modification Must Be Verified
May 17th, 2011 davidguide The Home Affordable Modification Program has become one of the top services for people to get into with regards to handling a loan modification. This Treasury plan has helped more than a million American homeowners who were facing foreclosures. Hundreds of thousands of the trial modifications that were passed out to clients have become permanent [...]
Posted in Lending News Tags: Affordable, american homeowners, foreclosure prevention, home, income statements, incomes, loan servicers, Mortgage, mortgage loan modification, person, servicer, Treasury, treasury plan Comments OffGeneral Guidelines Used For Loan Mods
May 9th, 2011 davidguide A stop foreclosure loan can come in the form of not a new loan but rather a modification of an old one. An agency like 1st Foreclosure Prevention can get a person to work with new terms on a loan. The guidelines that are going to be used for getting this type of loan are [...]
Posted in Lending News Tags: adjustable rate mortgage, financial concern, financial hardships, foreclosure loan, foreclosure prevention, loss mitigation, minimum, Mortgage, Percent, percentage, person, Stop, stop foreclosure Comments OffHow To Find The Right Home Loan Modification Services
May 4th, 2011 davidguide There are a variety of different loan modification services for anyone to take a look at. These are services that can work to make it easier for a person to be able to pay off a mortgage. Services relating to help for homeowners are available but it will help for a person to find the [...]
Posted in Lending News Tags: Agency, Association, first tip, foreclosure prevention, foreclosure specialists, home, information, loan modification, local bar association, Mortgage, mortgages brokers, person, real estate brokers Comments OffLoan Modification Agencies Can Work With People That Are Eligible For Services
April 27th, 2011 davidguide A loan modification agency can help stop foreclosure for all sorts of different people. An agency such as 1st Foreclosure Prevention can handle loans by changing their terms through the use of negotiations with lenders. This is convenient for the needs of working to help stop foreclosure. This is provided that a person is able [...]
Posted in Lending News Tags: Agency, foreclosure prevention, home, income tax return, income tax returns, information, loan modification, Mortgage, pay stubs, person, requirement, stable job, stop foreclosure Comments Off