Editorial: Treasure Coast program could save even more homes from foreclosure
Editorial: Treasure Coast program could save even more homes from foreclosure
Feb. 4, 2010 — TCPalm
While home foreclosures continued to clog the courts and put hardships on homebuyers and financial institutions in 2009, a program to reduce those foreclosures was implemented, but has had little impact.
Residential Mortgage Delinquency Rate Surpasses 10%: LPS
Feb. 4, 2010 — DSNews
Home loan delinquency rates in the United States have now surpassed 10 percent, Lender Processing Services (LPS) reported this week.
Fannie Servicers to Gauge Imminent Default Risk for HAMP
Feb. 3, 2010 — Housing Wire
Mortgage servicers of loans held in a Fannie Mae portfolio and part of a mortgage-backed securities (MBS) pool will begin to use Freddie Mac’s Imminent Default Indicator (IDI) in March, according to a set of Fannie servicer guidelines.
Biggert aims to reform Fannie, Freddie programs
Feb. 5, 2010 — Naperville Sun
U.S. Rep. Judy Biggert, R-Hinsdale, announced new legislation designed to ramp up congressional oversight over failed mortgage giants Fannie Mae and Freddie Mac.
Legislators targeting predatory consultants
Feb. 4, 2010 — AZcentral.com
State lawmakers are moving to slam the door on what some see as fly-by-night scammers who hold themselves out as foreclosure consultants.