Showing Tag: "servicing" (Show all posts)

Right now - NY Attorney General Schneiderman is my hero

Posted by Michele A Peters on Friday, February 10, 2012,

Announced yesterday:
A.G. SCHNEIDERMAN SECURES $136 MILLION FOR STRUGGLING NEW YORK HOMEOWNERS IN MORTGAGE SERVICING SETTLEMENT

After Schneiderman's Persistence, Narrow Settlement Preserves Sweeping Legal Claims For Housing Crisis Misconduct That Has Not Yet Been Investigated

New York To Receive More Per Underwater Borrower Than Any Other State, Plus Loan Modifications, Principal Reductions

Schneiderman: Civil & Criminal Investigations Will Continue As We Seek Accountability For Those Responsible...
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US Gov't to Extend and Expand Foreclosure Program

Posted by Michele A Peters on Friday, January 27, 2012, In : Foreclosure Prevention

Well, some interesting news was published today in the New York Times.

The Associated Press reported that The Obama administration will expand its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes.

The Home Affordable Modification Program will also be extended through 2013.

The government will triple the financial incentives for private lenders to reduce the principal amount of mortgages for homeowners at risk of losing their homes. And ...
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