Tags » Home Affordable Modification Program

A Bloomberg investigation has discovered a secret office created by Bank of America called “the Office of the CEO and President” set up to supposedly handle complaints homeowners trying to refinance in the government’s Home Affordable Modification Program.

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Keep Your Home California can help homeowners who received HAMP modifications lower their monthly mortgage payments

More than 300,000 homeowners in California have benefited from a federal program that lowers their interest rates – and their monthly mortgage payments.

The federal government’s Home Affordable Modification Program (HAMP) has been a much-appreciated and greatly needed program for homeowners struggling with their mortgage payments. 380 more words

Loan Mods Down, Foreclosure Starts Up

The total number of homeowners receiving permanent loan modifications declined in July, as did the number of modifications made under the Home Affordable Modification Program (HAMP), according to figures released this week by HOPE NOW. 216 more words

Foreclosure News

California Court of Appeal case of Fleet v. Bank of America

The recent California Court of Appeal case of Fleet v. Bank of America is the topic of this blog post. This case was decided by the Fourth District Court of Appeal, Division Three on August 25, 2014, on September 23, 2014 the Court granted the request of several parties for publication. 816 more words

California Freelance Paralegal

Mortgage Crisis 2.0

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the impending second wave of the lastest mortgage crisis, this time due to Helocs (Home equity lines of credit) and HAMP (Home Affordable Modification Program) interest rate resets. 121 more words


Why isn't the US Congress throwing a lifeline to millions of drowning homeowners?

Even as it continues to improve, the specter of negative equity—those homeowners that are underwater on their mortgage, owing more to the bank than their home is worth—will act as an anchor on the housing market for years to come. 718 more words

Existing Home Sales Rise, Foreclosures Trickle Down

The U.S. Department of Housing and Urban Development (HUD) recently released the July edition of the Obama Administration’s Housing Scorecard—a comprehensive report on the nation’s housing market. 1,182 more words

Foreclosure News