Posts Tagged ‘Barbara Desoer’

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

Written on 6 Jul, 2010 at 11:06

Everything's going just fine. There are no real problems with HAMP or with the servicers who are implementing HAMP. Oh sure, there have been a few challenges, but most of them have been caused by the borrowers who... (Continue reading)

As Pressure Mounts, Bank of America Plans Principal Reductions for Underwater Homeowners

Written on 24 Mar, 2010 at 14:44

Bank of America will offer qualified homeowners an interest-free forbearance of principal that the homeowner can turn into forgiven principal annually over five years, provided they stay current on their mortgage payments. Over the five-year period, homeowner can bring... (Continue reading)

Tagged with: bank of america Barbara Desoer countrywide countrywide settlement HAMP loan modifications making home affordable mandelman matters martha Coakley martin andelman Massachusetts Attorney General Martha Coakley mortgages principal reductions re-default risk refinance mortgage stopping foreclosures