Posts Tagged ‘refinance mortgage’

How to Strategic Default? Ask the MBA.

Written on 21 May, 2012 at 7:15

How to strategic default? There's just one little, teeny-tiny, almost insignificant smidgeon of a problem with what the Mortgage Bankers Association's CEO was saying: He was completely full of shit. ... (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

RED ALERT: Mortgage Bankers Strongly Oppose New Foreclosure Bill in California – SBX8 38

Written on 12 Feb, 2010 at 3:51

I have but one thing to say to the Mortgage Bankers Association... Kush meer in toches. You can figure that one out without a Yiddish dictionary, right?... (Continue reading)