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Lawmaker working to improve loan modifications (The Salt Lake Tribune)

Washington » A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government’s struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.

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Ore. Senate votes to expand foreclosure relief (KATU Portland)

The Senate voted today in favor of HB 3656, legislation aimed to protect borrowers from being targeted by lenders twice.

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U.S. May Retool Mortgage Program to Help Underwater Homeowners (Bloomberg)

Jan. 27 (Bloomberg) — The Obama administration’s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these “underwater” borrowers.

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U.S. May Retool Mortgage Program to Help Underwater Homeowners (Bloomberg)

Jan. 27 (Bloomberg) — The Obama administration’s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these “underwater” borrowers.

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U.S. May Retool Mortgage Program to Help Underwater Homeowners (Bloomberg)

Jan. 27 (Bloomberg) — The Obama administration’s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these “underwater” borrowers.

Share and Enjoy:
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