Posts Tagged ‘Home Affordable Modification Program’

Uncertainty in the Loan Mod Process is Barrier to U.S. Economic Growth

Uncertainty in the Loan Mod Process is Barrier to U.S. Economic Growth

Once a mortgage is underwater… should you get hit with a life event such as a divorce, illness, injury, job loss or income reduction… you can’t sell your home… and you can’t borrow against it to help you get through... (Continue reading)

HAMP 2 is HERE – Some say it’s the best HAMP yet, and they’re probably right about that.

HAMP 2 is HERE – Some say it’s the best HAMP yet, and they’re probably right about that.

This newly renovated version of HAMP has been touted as being a major improvement to the HAMP program, and in many ways it is significantly better. ... (Continue reading)

Ex-Asst. Treasury Secretary Herb Allison Back at Beautiful Connecticut Home

Ex-Asst. Treasury Secretary Herb Allison Back at Beautiful Connecticut Home

See, because in the old days public servants, those that worked for the government, seemed to make less money than Phil Donahue or Marlo Thomas. They didn't used to have 7,379-sq.ft. 1911 wood and stucco $25 million Greens... (Continue reading)

Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means…

Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means...

Oh joy! Foreclosures should be peaking next year! Well there’s something to look forward to, wouldn’t you say? Why will they be peaking next year, you may wonder? Well, I’m forecasting they based on the current... (Continue reading)

Federal Court: Borrower is INTENDED 3rd Party Beneficiary of HAMP – Homeowner Sues for Breach

Federal Court: Borrower is INTENDED 3rd Party Beneficiary of HAMP – Homeowner Sues for Breach

Potential Game-Changer Alert... District Court Judge Says Homeowner is the Intended Third Party Beneficiary to the contract between Fannie and servicers... and that means the right to sue yours.... (Continue reading)

Why Can’t We Answer the Question About HAMP That Could Save Taxpayers Tens of Billions?

Why Can't We Answer the Question About HAMP That Could Save Taxpayers Tens of Billions?

How about if we all write letters to our elected representatives demanding to know the answer to this question, because the answer has the very definite potential to save many billions in unnecessary taxpayer funded expenditures associated with the current... (Continue reading)


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