Search for: "Affordable Mortgage"
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21 Nov 2012, 8:52 am
The absence of this tax break will also undermine the recent Attorneys General settlement with mortgage companies to prevent foreclosures with principal reductions, short sales, and deeds-in-lieu-of-foreclosure – all chief components of the Obama administration's Home Affordable Modification Program. [read post]
10 Nov 2009, 12:36 pm
More than 650,000 mortgage modifications were under way by the end of October under the Making Home Affordable Program, the Treasury Department said in its latest monthly report on the program. [read post]
9 May 2011, 4:35 am
New Article: Henry Rose, The Due Process Rights of Residential Tenants in Mortgage Foreclosure Cases, 41 New Mexico L. [read post]
17 Nov 2011, 7:15 am
Considering there are 12 million or more mortgages underwater, people simply stopping making payments even though they can afford them is a "growing problem. [read post]
10 Nov 2008, 12:21 pm
Roxanne Lynette McCoy and Shanease Renee Bauman, employees of Proserve Mortgage, were arrested in connection with an alleged scheme involving the submission of forged loan application documents to a bank for a mortgage loan, after being informed by the victim that she could not afford the loan and did not want to complete the loan application process. [read post]
4 Oct 2009, 8:52 pm
I have had a number of phone calls recently from people who can’t afford their mortgage payments. [read post]
13 Oct 2007, 6:03 pm
If so, it has the potential advantage of providing further financing for buyers who would otherwise be unable to afford mortgage brokers. [read post]
15 May 2009, 7:56 am
For those wondering how exactly did all these people fall behind on their mortgages, take a look at a pretty honest personal story in the New York Times. [read post]
27 Apr 2015, 10:16 am
The defaulting homeowner cannot normally afford the time and effort it takes to defend a foreclosure. [read post]
19 Nov 2009, 7:17 pm
This plan provided the debtor with affordable plan payments for four years, eleven months during which time he could hopefully qualify to refinance the allowed mortgage balance at the end of the plan.. [read post]
11 Dec 2009, 2:02 pm
The Obama administration’s Making Home Affordable program has helped 24 percent of eligible borrowers initiate mortgage modifications with their lenders – up from 20 percent a month earlier – but a much smaller proportion have progressed from a trial phase into a permanent plan, according to new data. [read post]
16 Jan 2009, 10:34 pm
If you decide you are simply unable to afford the mortgage and your situation is not likely to improve, you can use a Chapter 7 bankruptcy to cancel the mortgage, return the house to the lender and end your responsibility for payments on the first mortgage as well as a second mortgage or home equity line of credit. [read post]
11 Feb 2008, 5:02 pm
Remember, the only reasoning for this strategy is the assumption that you can't afford to remain current on your "mortgage debt. [read post]
22 May 2017, 6:53 am
Concerned about Investment Losses in United Mortgage Trust? [read post]
21 Oct 2019, 8:29 am
If you cannot afford to make a lump sum payment to reinstate your mortgage, you might still have options to avoid foreclosure. [read post]
15 Oct 2012, 10:26 am
An expansion of the president's Home Affordable Refinance Program (HAMP) could provide additional help. [read post]
14 Jan 2020, 7:00 am
I can’t afford the $400 per paycheck garnishment. [read post]
8 Jul 2010, 10:40 am
Meanwhile, condo fees keep increasing, which—added to the mortgage payments—left Pinnock feeling duped. [read post]
26 Nov 2010, 12:42 pm
And most commentators have rendered a verdict: Mortgage modification programs like HAMP and HAFA (Home Affordable Modification Program and Home Affordable Foreclosure Alternatives) have been a colossal failure. [read post]
25 May 2009, 6:44 am
The Making Home Affordable plan announced earlier this year already gives lenders financial incentives to modify loans for some distressed homeowners and refinance the loans of others. [read post]
