Obama Scorecard details loss mit actions | HousingWire

Obama Scorecard details loss mit actions | HousingWire

Obama administration expands HAMP outreach | HousingWire

Obama administration expands HAMP outreach | HousingWire

Q & A: What are the Main Forms I need for a Loan Mod or Short Sale

Question: I want to submit an application to my lender to see if I qualify for either a loan modification or short sale. What are the forms that I need?

Answer: If you are completing a do it yourself loan modification or short sale, here are the up to date forms you will need....

Sen. Menendez wants reverse mortgage program strengthened | HousingWire

Sen. Menendez wants reverse mortgage program strengthened | HousingWire

HARP hits 2 million refinances | HousingWire

HARP hits 2 million refinances | HousingWire

Don't Go into a Gun Battle with a Butter Knife (Part 1)

Who can believe that after four years homeowners and their lenders are still trying to get on the same page when it comes to dealing with underwater mortgages. Several programs by the government like the HAMP and HAFA programs meant well but was met with opposition from lenders and servicers.

Without any strict enforcement, lenders and servicers have sent distressed homeowners in a never ending circle of frustrating processes to get loans modified. While the government had high goals of modifying over 20 million loans over the past four years, only a fraction of that really occurred.

Paper edited by Sheila Bair focuses on fixing housing | HousingWire

Paper edited by Sheila Bair focuses on fixing housing | HousingWire

Five Easy Steps to Modifying Your Loan

The housing crisis has been hitting homeowners hard since 2007. The number of homeowners facing foreclosure is staggering. Nearly 15% of homes are in some sort of foreclosure proceeding. One out of three homeowners are “underwater” in the value of their home, meaning they owe more than what their property is worth.