FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and ...
If you’re struggling to make your monthly mortgage payments or have fallen behind, you may be at risk of losing your home. But depending on the circumstances, you may be eligible for a loan ...
Five months into the government’s $75 billion loan modification program, less than 12 percent of eligible homeowners have seen their mortgage payments reduced, according to data released by the ...
In May, we first reported on how disorganization at banks caused homeowners to lose their homes while still in the loan modification process — something that’s not supposed to happen under the rules ...
WASHINGTON - Some homeowners who sign up for the government's mortgage assistance program are getting a surprise: Lower credit scores. For borrowers who are making their payments on time but are on ...
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