Content Tagged As mortgage_foreclosure
Tagged News
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Attorneys General prepare foreclosure investigation
October 13, 2010 7:47 PM
WASHINGTON (AP) - As nearly all the state attorneys general prepare an investigation into the mortgage industry over the foreclosure-document mess, they're also discussing ways to settle the matter. If the states have their way, mortgage companies will have to revamp the way they handle foreclosures, pay penalties for... more » -
Government to unveil plan to shrink some home loans
March 26, 2010 8:20 AM
After months of criticism that it hasn't done enough to prevent foreclosures, the Obama administration is expected to announce Friday a plan to reduce the amount some troubled borrowers owe on their home loans. People briefed on the plan said the effort will let people who owe more on... more » -
Only 10,000 permanent loan modifications so far
December 9, 2009 3:06 PM
Only about 10,000 homeowners have received permanent loan modifications under the Obama administration's mortgage relief plan, evidence of continuing woes for the government's effort to stem the foreclosure crisis. That means fewer than 2 percent of the 650,000 homeowners enrolled in the program as of October had their mortgage payments... more »
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