The Obama administration's program to modify troubled mortgages has gotten off to a strong start but still has a long way to go, U.S. Housing and Urban Development Secretary Shaun Donovan said in Seattle Monday.
Published News » Subprime Mortgage
Mortgage fixes starting strong but must pick up, HUD secretary says (seattlepi.com)
Posted by mortgage 276 days ago (Editorial)
Investors Remain at Risk with "Low Risk" Funds (Business Wire via Yahoo! Finance)
Posted by mortgage 387 days ago (Editorial)
SEATTLE----An increasing number of individual investors who sought safe alternatives for retirement savings and cash reserves are filing arbitration claims against brokerages for misrepresenting the actual risks of loss to their savings in investments in complicated investment products, according to Seattle law firm Ryan Swanson.
Foreclosure filings jump in July (Bradenton Herald)
Posted by mortgage 387 days ago (Editorial)
MANATEE ? So much for the lull in local foreclosures.
Mortgage servicers subject of lawsuits (Hutchinson News)
Posted by mortgage 387 days ago (Editorial)
WASHINGTON - Billions of dollars the government is spending to help financially pressed homeowners a ...
Government mortgage partners accused of abuses (Richmond Times-Dispatch)
Posted by mortgage 387 days ago (Editorial)
Billions of dollars the government is spending to help financially pressed homeowners avert foreclosure are passing through?and enriching?companies accused of preying on the people they?re supposed to help, an Associated Press investigation has found. The companies, known as mortgage servicers, are middlemen who collect monthly payments from homeowners and funnel the money to the banks or ...
AP IMPACT: Gov't mortgage partners sued for abuses (San Francisco Chronicle)
Posted by mortgage 387 days ago (Editorial)
Billions of dollars the government is spending to help financially pressed homeowners avert foreclosure is passing through _ and enriching _ companies accused of preying on the people they're supposed to help, an Associated Press investigation has found. The... Sponsored Topics: Foreclosure - Mortgage - Business - Associated Press - United States
Gov't mortgage partners sued for abuses (The San Francisco Examiner)
Posted by mortgage 387 days ago (Editorial)
In this photo made Friday, June 5, 2009, Jerry Turner stands in front of the Charleston W.Va. home his mortgage servicer, Select Portfolio, collected payments on for six years before he found out that it had been foreclosed on and later auctioned off.
Mortgage Servicers Accused Of Harassing Borrowers, Illegal Fees (The Huffington Post)
Posted by mortgage 387 days ago (Editorial)
In this photo made Friday, June 5, 2009, Jerry Turner stands in the living room of the Charleston W.Va. home his mortgage servicer, Select Portfolio, collected payments on for six years before he found out that it had been foreclosed on and later auctioned off.
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