mortgage reduction program

Advocates See New Hope For Restoring Pa. Mortgage-Assistance BenefitHousing advocates are hoping a new cost-benefit analysis of Pennsylvania's Homeowners Emergency Mortgage Assistance Program (HEMAP) will convince the state to restore funding and they say last week's settlement of a national foreclosure fraud lawsuit would allow the state to do so without impacting the budget.CBS Philadelphia - Feb 14 02:19am
Mortgage modification program expanded to investors, othersThe Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills and second mortgages.Chicago Tribune - Jan 30 05:00am
Mortgage Modifications Benefit Mortgage Insurers: AnalystsNEW YORK (TheStreet) -- The U.S. Treasury Department's latest changes to the mortgage modification program will deliver significant benefits to mortgage insurers, according to analysts at FBR Capital Markets. "Treasury's release on Friday points towards attaining greater GSE participation, particularly given higher incentives for modifications that include principal reduction. Recall: GSE ...TheStreet.com - Jan 30 09:19am
New Twist in Democrats’ Push for Mortgage Debt ReliefA former Fannie Mae employee has told Congressional staff that executives at the mortgage-finance company canceled the launch of a pilot program to cut loan balances for troubled homeowners due to philosophical disagreements in 2010.Wall Street Journal Blogs - Feb 08 01:40pm

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