From the category archives:

Loan Modification

Homeowners in Financial Trouble

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Bill Would Protect Credit Scores During Mortgage Modification

jQuery(document).ready(function($) { window.setTimeout(‘loadFBShareMe_3493()’,5000); }); function loadFBShareMe_3493(){ jQuery(document).ready(function($) { $(‘.dd-fbshareme-3493′).remove();$(‘.DD_FBSHAREME_AJAX_3493′).attr(‘width’,’53′);$(‘.DD_FBSHAREME_AJAX_3493′).attr(‘height’,’69′);$(‘.DD_FBSHAREME_AJAX_3493′).attr(‘src’,'http://widgets.fbshare.me/files/fbshare.php?url=http://dallastexasrealestateblog.com/dallas-real-estate/bill-would-protect-credit-scores-during-mortgage-modification&size=large’); }); }If you are lucky enough to get your lender to modify your mortgage, you shouldn’t end up dogged by a miserable credit score. That’s the essence of a bill introduced in Congress recently by U.S. Rep. Jackie Speier, D-Calif. It would insulate people from taking [...]

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Growth in HAMP Program Cools

jQuery(document).ready(function($) { window.setTimeout(‘loadFBShareMe_3425()’,5000); }); function loadFBShareMe_3425(){ jQuery(document).ready(function($) { $(‘.dd-fbshareme-3425′).remove();$(‘.DD_FBSHAREME_AJAX_3425′).attr(‘width’,’53′);$(‘.DD_FBSHAREME_AJAX_3425′).attr(‘height’,’69′);$(‘.DD_FBSHAREME_AJAX_3425′).attr(‘src’,'http://widgets.fbshare.me/files/fbshare.php?url=http://dallastexasrealestateblog.com/real-estate-news/growth-in-hamp-program-cools&size=large’); }); }The number of trial loan modifications offered by loan servicers participating in the Obama administration's Home Affordable Modification Program appears to be reaching a plateau, although the number of borrowers moving into permanent modifications continues to show steady growth. The latest HAMP report from the [...]

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FHA Reform Act and Annual Mortgage Premiums; What an Increase Means for Borrowers

jQuery(document).ready(function($) { window.setTimeout(‘loadFBShareMe_3379()’,5000); }); function loadFBShareMe_3379(){ jQuery(document).ready(function($) { $(‘.dd-fbshareme-3379′).remove();$(‘.DD_FBSHAREME_AJAX_3379′).attr(‘width’,’53′);$(‘.DD_FBSHAREME_AJAX_3379′).attr(‘height’,’69′);$(‘.DD_FBSHAREME_AJAX_3379′).attr(‘src’,'http://widgets.fbshare.me/files/fbshare.php?url=http://dallastexasrealestateblog.com/real-estate-news/fha-reform-act-and-annual-mortgage-premiums-what-an-increase-means-for-borrowers&size=large’); }); }The House of Representatives recently passed the FHA Reform Act (H.R. 5072). The bill, sponsored by Representative Maxine Waters (D-Calif.), would give authority to the Federal Housing Administration (FHA) to increase premiums (a.k.a. mortgage insurance) on loans guaranteed by the FHA. It passed by a [...]

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New Loan Modification for the Unemployed

jQuery(document).ready(function($) { window.setTimeout(‘loadFBShareMe_2859()’,5000); }); function loadFBShareMe_2859(){ jQuery(document).ready(function($) { $(‘.dd-fbshareme-2859′).remove();$(‘.DD_FBSHAREME_AJAX_2859′).attr(‘width’,’53′);$(‘.DD_FBSHAREME_AJAX_2859′).attr(‘height’,’69′);$(‘.DD_FBSHAREME_AJAX_2859′).attr(‘src’,'http://widgets.fbshare.me/files/fbshare.php?url=http://dallastexasrealestateblog.com/foreclosures/new-loan-modification-for-the-unemployed&size=large’); }); }I have good news for some you who have experienced a job loss and are behind on your mortgage payments or soon will be. As part of the new Home Affordable Modification Program (HAMP), that the government released April 5, 2010, they are now [...]

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Foreclosure Dictionary

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The Truth About Mortgage Modification

jQuery(document).ready(function($) { window.setTimeout(‘loadFBShareMe_1546()’,5000); }); function loadFBShareMe_1546(){ jQuery(document).ready(function($) { $(‘.dd-fbshareme-1546′).remove();$(‘.DD_FBSHAREME_AJAX_1546′).attr(‘width’,’53′);$(‘.DD_FBSHAREME_AJAX_1546′).attr(‘height’,’69′);$(‘.DD_FBSHAREME_AJAX_1546′).attr(‘src’,'http://widgets.fbshare.me/files/fbshare.php?url=http://dallastexasrealestateblog.com/foreclosures/the-truth-about-mortgage-modification&size=large’); }); } More than 1 in 10 homeowners are upside-down on the mortgage and don’t know what to do. The search for a solution can be filled with misinformation and fraud. If you or someone you know is among the many homeowners who owe more money [...]

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Obama Administration Kicks Off Mortgage Modification Conversion Drive

jQuery(document).ready(function($) { window.setTimeout(‘loadFBShareMe_1038()’,5000); }); function loadFBShareMe_1038(){ jQuery(document).ready(function($) { $(‘.dd-fbshareme-1038′).remove();$(‘.DD_FBSHAREME_AJAX_1038′).attr(‘width’,’53′);$(‘.DD_FBSHAREME_AJAX_1038′).attr(‘height’,’69′);$(‘.DD_FBSHAREME_AJAX_1038′).attr(‘src’,'http://widgets.fbshare.me/files/fbshare.php?url=http://dallastexasrealestateblog.com/real-estate-news/obama-administration-kicks-off-mortgage-modification-conversion-drive&size=large’); }); }The U.S. Department of the Treasury and Department of Housing and Urban Development (HUD) recently kicked off a nationwide campaign to help borrowers who are currently in the trial phase of their modified mortgages under the Obama Administration’s Home Affordable Modification Program (HAMP) convert to [...]

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