Posts Tagged ‘HAMP report’

Mandelman’s Monthly Museletter – Version 12.0

Mandelman’s Monthly Museletter – Version 12.0

In this issue: 1. Treasury reports 84% of HAMP loan mods current after 12 months. 2. Surprise, Surprise... Falling Home Values. 3. State AGs Beg Servicers for Crumbs. 4. Iowa's AG, Miller Calls B.S. 5. Banks... (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)

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

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

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)

FHA-HAMP Helped 171 Homeowners Nationwide in April

FHA-HAMP Helped 171 Homeowners Nationwide in April

The HUD Neighborhood Watch Website shows 171 FHA-HAMP modifications for the month of April 2010. What? Did they have to win a drawing?... (Continue reading)

Here We Go… It’s HAMP Confusion Day

The real estate industry is positively pathetic in their apparent willingness to simultaneously all agree that the emperor’s clothes are entirely magnificent. And the real estate industry’s reporting today includes the performance numbers related to the foreclosure crisis and loan... (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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