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News About Modifications

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Found 1003 items, now showing 51 - 75

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Only 3 Situations Where TRID Causes Closing Delays - CFPB chief talks to mortgage ...
Any other changes, such as modifications made after the walk through, or adjustments requiring sellers credits, do not affect the closing date, and in fact can be made using an
More Than $300 Mil in Distressed Freddie Loans Sold - Two pools sold to two...
The new servicers will need to prioritize loan modifications over short sales or deeds in ... they must be considered for proprietary modifications. When a foreclosure is the only
Servicers Maintain Modification Volume - July saw 4% fewer modifications than a...
July saw 4% fewer modifications than a month earlier Sept ... to complete 33,168 loan modifications during the month of July. The number of modifications on mortgages slipped from the
Proprietary Modifications Up, But HAMP Slows - June modification volume off 1...
Loan modification activity, reports and legislation. Proprietary Modifications Up, But ... a slump in modifications completed through the ... when 34,961 modifications were completed on
Order Issued Against Servicer of Distressed Loans - Residential Credit agrees to...
Credit has failed to honor trial loan modifications set up ... qualified for the modifications. The alleged abuses ... convert in-process modifications to permanent modifications. It also must
Ocwen Uses Shared Appreciation in Modifications - New Jersey borrowers benefit...
Loan modification activity, reports and legislation. Ocwen Uses Shared Appreciation in Modifications New Jersey borrowers ... than 17,400 loan modifications in New Jersey since
Servicers Fare Well in Settlement Compliance Report - Report card issued for...
Metric 30," in the third quarter related to the handling of loan modifications. "Metric 30 evaluates written communications to borrowers whose loan modification application was
Problems Persist at Some Mortgage Servicers - Dual tracking, illegal runarounds...
believe that their trial loan modifications were canceled. Those findings were discussed ... who were already approved for trial modifications. A system error at another servicer
HAMP Volume Surges - Total modification volume up 3% in April | June 17, 2015...
April, mortgage servicers successfully completed loan modifications on 44,457 ... supported and proprietary modifications. It was the ... saw 41,296 modifications. During the first
Employment Settlement for Mortgage Service Provider - HUD contractor investigated ...
Development to provide loan modifications, loss mitigation and assistance in foreclosure procedures primarily for HUD. The Labor Department's Wage and Hour Division opened an
Proprietary Loan Modification Volume Surges - March loan modification volume up...
An acceleration in the monthly number of proprietary loan modifications completed more ... servicers completed loan modifications on 43,084 ... the 32,142 modifications completed a year
Making Home Affordable Programs Extended - Millions have benefited from refi...
funding mortgage refinances and loan modifications will be extended ... 5 million HAMP modifications have been completed. ... approve new HAMP modifications and HARP refinances
Green Tree Settles Allegations of Servicing Abuse - Settlement will cost more...
The company is accused of not honoring in-process loan modifications put in place by previous servicers. Instead, it demanded the pre-modification contract payments. It also
Loan Modification Activity Slows - 33,832 modifications completed in February...
of 33,832 permanent loan modifications during ... of loan modifications completed by ... loan modifications completed. Proprietary loan modifications accounted for 23,758 modifications in
Ocwen Says RMBS Investors Seek Less Borrower Relief - Letter sent to trustee...
on the number of loan modifications completed through the ... pursue profitable loan modifications rather than rushing ... whole, through sustainable modifications." According to Ocwen
Loan Modification Volume Down - 35,167 modifications completed in January | March ...
The volume of residential loan modifications started the new ... and government-supported modifications declined. Home loan ... when 36,639 modifications were completed. Activity
Montana Bills Address State Supreme Court Decision - GOP presents senate...
unauthorized fees and denied loan modifications to homeowners who were eligible. Some of the mortgages Ocwen mishandled were mortgages caught up in the earlier settlement with the
Modification Activity Down 4th Year in a Row - 466,892 modifications completed in ...
servicers have completed fewer loan modifications than they did ... 36,639 loan modifications completed, HOPE NOW ... The total reflects modifications completed through proprietary
Nearly $400 Million in Distressed Freddie Loans Sold - Deal expected to settle...
Among other things, winning bidders are required to have good agency standing and give priority to loan modifications. The $0.4 billion sale will barely make a dent in Freddie's
Ongoing Obstacles for Ocwen - Threats remain following CA consent order | Jan. 27,...
which is it stop loan modifications and quickly foreclose on and evict ... trusts as a whole. It noted that its modifications are designed to improve net present value. Ocwen
Proprietary Modification Volume Slows to Crawl - Total modifications in November...
Slows to Crawl Total modifications in November down ... number of proprietary loan modifications has been this low ... earlier, 28,984 proprietary modifications were completed, while the
Behavior Modifications That Enable Homeownership - The Mortgage Professor: Can...
Behavior Modifications That Enable Homeownership The Mortgage Professor: Can bad financial habits be unlearned? Jan. 12, 2015 By JACK GUTTENTAG The Mortgage Professor (Tribune
Nearly $14 Billion in TARP Funds Used for Housing - CPP has generated $16 billion ...
They focus on preventing avoidable foreclosures. But the report indicated that following an increase in permanent modifications completed through Home Affordable Modification
3rd Mortgage Settlement Since Last June at SunTrust - Fourth-quarter charge...
The latest agreement addresses mishandled modifications. SunTrust Agrees to Major Settlement (June 17, 2014) SunTrust Mortgage Inc. has agreed to settle allegations it violated
Servicers Modify More Mortgages - 39,007 modifications completed in October | Dec....
The latest monthly reading on mortgage modifications shows that ... includes proprietary modifications and Home ... HAMP activity, proprietary modifications contracted compared to
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