Posts Tagged ‘FHFA Ed Demarco’

Straightening Out the LA Times, Fannie, Freddie, Strategic Defaults and Deficiency Judgments

Written on 22 Oct, 2013 at 19:59

Writing about strategic defaults for the LA Times this time out was Lew Sichelman, whose ability to remain oblivious to his interweaving of unrelated facts throughout the article was truly something to behold. ... (Continue reading)

Fannie, Freddie and FHA Finally Increase Homeowners’ Ability to Modify Mortgages

Written on 18 Jul, 2013 at 9:24

Ladies and Gentlemen... finally... ... after five years of sheer torture... introducing a "No-Doc" loan mod. The FHFA says modified interest rates will be FIXED... terms will extend to 40 years... and some borrowers won't be required to pay... (Continue reading)

Tagged with: bank of america citibank diana olick economic recovery Fannie Mae fannie mae no doc loan modification Federal Reserve Chairman Ben Bernanke FHFA Ed Demarco FHFA No Doc Loan Modification FNMA New Modification program foreclosure crisis foreclosure defense foreclosures Freddie Mac freddie mac no doc loan modification HAMP HARP HARP 3.0 jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode mortgage crisis mortgage refinancing mortgage servicers NACA No-Doc loan modification stop foreclosure streamlined modification initiative TARP trial modifications wells fargo bank