Posts Tagged ‘permanent modifications’

How to Tell Legitimate Loan Modification Firm from an Illegal Operation or Scam… The FTC’s New Bright Line MARS Rule

 How to Tell Legitimate Loan Modification Firm from an Illegal Operation or Scam... The FTC’s New Bright Line MARS Rule

The facts of the matter today as related to the foreclosure crisis and loan modifications, however, could not be considered positive, I’m afraid. Help does not appear to be on the way, or on the horizon. As inconceivable... (Continue reading)

Report Shows Treasury Disagrees With Loan Mod Decisions at Chase, Wells & BofA – Requires Servicers to Make Changes Going Forward

Report Shows Treasury Disagrees With Loan Mod Decisions at Chase, Wells & BofA – Requires Servicers to Make Changes Going Forward

Well, in the August HAMP Report, which is published monthly by Treasury, is a chart that shows that Treasury has disagreed with a higher than average number of the decisions being made by CHASE, Wells Fargo and Bank of America.... (Continue reading)

Real REST Report Results Remarkable

Real REST Report Results Remarkable

Perhaps no one could say for sure what would have happened had the REST Report not been introduced in the proceedings, but I think you'll agree that the fact that it was presented to the judge unquestionably made a significant... (Continue reading)

Nina Easton’s HOT Stocks for Homeowners Losing Homes

Nina Easton's HOT Stocks for Homeowners Losing Homes

No, folks… the good news for our emerging foreclosure industry, and for my new Empty Homes Hi-Yield Bond Fund, is that our government has failed at every single turn in trying to stem the tide of foreclosures in this country,... (Continue reading)

How & Why to Use the REST REPORT When Applying for a Loan Modification

Compare the approach when using the REST Report to that of today’s homeowners applying for a loan modification. All the homeowner ends up submitting to the lender or servicer is information about themselves, and nothing substantive about the possible dispositions... (Continue reading)

Every Time a Judge Cancels a Mortgage a Homeowner Gets His or Her Wings

Every Time a Judge Cancels a Mortgage a Homeowner Gets His or Her Wings

Judge Bailey also reprimanded Huffman: “Some day, this foreclosure crisis is going to be over, and you need to decide what kind of lawyer you are going to be. Because at the end of the day, you are responsible... (Continue reading)

BREAKING NEWS: Treasury Announces Much-Awaited Major Improvements to HAMP Loan Modifications

BREAKING NEWS: Treasury Announces Much-Awaited Major Improvements to HAMP Loan Modifications

Recognizing that the Making Home Affordable and HAMP loan modification plan are ridiculous failures, President Obama and Secretary Geithner worked tirelessly and today announced how they've fixed the problems.... (Continue reading)


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