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FHFA reports: Fannie and Freddie loan mods continue to grow
Fannie Mae and Freddie Mac completed nearly 32,000 home retention actions in August 2009, a 32 percent increase from July. Separately, trial mortgage loan modifications under the Obama Administration’s...
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OCC and OTS report: 680,000 loan mods and payment plans implemented in Q3 of '09
National bank and thrift servicers implemented more than 680,000 home loan modifications and payment plans in the third quarter of 2009 to avoid preventable foreclosures, according to a report released...
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Bank of America Offers Relocation Assistance to Customers Completing Short Sales
Bank of America has launched a nationwide program that offers delinquent mortgage customers increased assistance with relocation expenses—between $2,500 and $30,000—at the completion of a qualifying...
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