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Loan modification activity fell again on a monthly basis, but there are still several states where borrowers need assistance, according to the Hope Now alliance.
September 15 -
Bank of America is approaching the consumer-relief target set in its mortgage settlement with the Department of Justice and six states, according to the settlement's monitor.
September 1 -
Community development entities like New Jersey Community Capital and Hogar Hispano are being guaranteed a portion of the secondary market for distressed mortgages. They are doing a good job of forestalling foreclosures, but skeptics question whether that run will last.
August 5 -
There was a decline in loan modification activity in May both for year-over-year and month-to-month comparisons, according to the Hope Now alliance.
July 18 -
Millions of Americans lost their homes to foreclosures or short sales during the housing crisis. Fortunately for the economy, time heals most wounds and credit reports.
July 7 -
The Dec. 31 expiration of the Home Affordable Modification Program will have a limited negative effect on residential mortgage-backed securities from 2008 or earlier, according to Moody's Investors Service.
July 6 -
The number of loan modification made in April dropped 4% from the previous month, according to the Hope Now alliance.
June 21 -
The Department of Housing and Urban Development issued a proposal Wednesday to codify recent changes to its reverse mortgage program and to provide additional protections for seniors, including a cap on annual interest rate increases.
May 18 -
It's taken nine years, but the number of U.S. homes in foreclosure has fallen to a level not seen since before the 2008 housing crisis.
April 26 -
Appraisal management company Solidifi has acquired Linear Title & Closing, a provider of national title searches and mortgage closing services.
April 1