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Tag Archives: Loan Modification

Could Housing Counseling Use an Upgrade?

Housing counseling as a resource to reduce the need for loan modification and foreclosures has been shown to be very beneficial since the housing crisis, but is there still more housing counseling can do to further impact homeowners?

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Investment Advisor Releases White Paper In Ocwen’s Defense

In response to accusations from institutional investors against Ocwen Financial of "failure to perform," investment advisor LL Funds has come to the defense of the embattled mortgage servicer in the form of an independent 26-page white paper titled "In Defense of Ocwen Servicing" released Friday.

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Report: 40,000 Homeowners Received Permanent Loan Mods in August

About 40,000 homeowners nationwide received permanent mortgage loan modifications from servicers in August, which includes loans completed through proprietary programs and under the government's Home Affordable Modification Program (HAMP), according to data released by the HOPE NOW Alliance on Thursday.

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Kansas Man Sentenced for HAMP Fraud

A Mexican national living in Wichita, Kansas, was sentenced for fraudulently obtaining a mortgage modification loan through the Home Affordable Modification Program (HAMP), which is funded by the government's Troubled Asset Relief Program (TARP), Special Inspector General for TARP (SIGTARP) Christy Romero announced recently.

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