Latest news from http://www.mortgagebiznews.com http://www.mortgagebiznews.com http://www.dsnews.com/articles/treasury-announces-final-initial-closing-of-legacy-securities-ppif-2009-12-21 Mon, 21 Dec 2009 17:38:00 -0500 In an announcement Friday, the U.S. Department of the Treasury said Oaktree Capital Management, L.P. has completed an initial closing of a Public-Private Investment Fund (PPIF) established under the Legacy Securities Public-Private Investment Program (PPIP). http://www.dsnews.com/articles/treasury-announces-final-initial-closing-of-legacy-securities-ppif-2009-12-21 http://news.google.com/news/url?fd=R&sa=T&url=http://www.benzinga.com/general/68462/loan-modification-obama-s-updated-details-of-approval-fees-and-charges&usg=AFQjCNHP6OVR73DkxPi3MMKWZduvkhLJpQ Mon, 21 Dec 2009 07:39:58 -0500 Loan Modification - Obama's Updated Details of approval, fees and chargesBenzingaDebtors in foreclosure restart states will fail the Trial Period if they are not current when the Foreclosure sale is scheduled to being. ... tag:news.google.com,2005:cluster=http://www.benzinga.com/general/68462/loan-modification-obama-s-updated-details-of-approval-fees-and-charges http://news.google.com/news/url?fd=R&sa=T&url=http://moneywatch.bnet.com/saving-money/blog/home-equity/extreme-makeover-home-edition-foreclosure-how-do-you-write-a-happy-ending/1439/&usg=AFQjCNGBE0ti7XHfOheC_v4dMWemGvh17A Mon, 21 Dec 2009 07:37:01 -0500 Extreme Makeover Home Edition Foreclosure? How Do You Write a Happy Ending?CBS MoneyWatch.com (blog)The widowed father of six applied for a loan modification back in 2007, stopped making mortgage payments this year, and was facing a foreclosure sale on ...and more » tag:news.google.com,2005:cluster=http://moneywatch.bnet.com/saving-money/blog/home-equity/extreme-makeover-home-edition-foreclosure-how-do-you-write-a-happy-ending/1439/ http://news.google.com/news/url?fd=R&sa=T&url=http://www.subprimeblogger.com/2009/12/20/home-loan-modification-citigroup-to-stop-foreclosures-over-christmas/&usg=AFQjCNE_rChISU6mc-117UCCbm9-os0TEQ Sun, 20 Dec 2009 21:11:05 -0500 Home Loan Modification – Citigroup to Stop Foreclosures Over ChristmasSubprime Blogger (blog)The home loan modification process is something that is a designed to help homeowners stay in their home and avoid foreclosure. With foreclosure rates so ...Fending Off ForeclosuresHartford Businessall 2 news articles » tag:news.google.com,2005:cluster=http://www.subprimeblogger.com/2009/12/20/home-loan-modification-citigroup-to-stop-foreclosures-over-christmas/ http://news.google.com/news/url?fd=R&sa=T&url=http://www.associatedcontent.com/article/2505809/the_basics_of_buying_and_selling_foreclosed.html&usg=AFQjCNETAHCze54pmD3116IlVwnPJnCLow Sat, 19 Dec 2009 22:26:46 -0500 The Basics of Buying and Selling Foreclosed HomesAssociated ContentThe Real Estate Settlement Procedures Act (RESPA) is a set of laws that regulate such transactions. Get a copy and review your rights as a buyer or as a ... tag:news.google.com,2005:cluster=http://www.associatedcontent.com/article/2505809/the_basics_of_buying_and_selling_foreclosed.html http://news.google.com/news/url?fd=R&sa=T&url=http://www.benzinga.com/markets/company-news/68223/loan-modification-save-your-home-from-foreclosure-with-obama-s-stimulus-p&usg=AFQjCNEqhJkO-tyFtiI9qVSPUpO5t6WLHA Sat, 19 Dec 2009 07:27:46 -0500 MinnPost.comLoan Modification: Save your home from Foreclosure with Obama's Stimulus PlanBenzingaAround 250000 homeowners has already availed help to protect their home through a loan modification using the Obamas stimulus program. ...Fine print in mortgage modification forms contain booby trapWalletPop (blog)Is There A Modification For The Loan-Modification Program?istockAnalyst.com (press release)Lenders a failure at mortgage modificationMarketWatchEarthtimes (press release) -... tag:news.google.com,2005:cluster=http://www.benzinga.com/markets/company-news/68223/loan-modification-save-your-home-from-foreclosure-with-obama-s-stimulus-p http://news.google.com/news/url?fd=R&sa=T&url=http://www.dsnews.com/articles/avista-solutions-ready-for-respa-changes-2009-12-18&usg=AFQjCNGNWmqaSVcBdEoYbJFsfJVOTFFqDA Fri, 18 Dec 2009 20:14:33 -0500 DSNews.comAvista Solutions Ready for RESPA ChangesDSNews.comAt the heart of the RESPA revisions are concerns that the initial transaction outlined in the Good Faith Estimate (GFE) can change by the time the loan is ... tag:news.google.com,2005:cluster=http://www.dsnews.com/articles/avista-solutions-ready-for-respa-changes-2009-12-18 http://www.dsnews.com/articles/hud-uses-marshall-swift-for-reo-costing-data-2009-12-18 Fri, 18 Dec 2009 18:33:00 -0500 As a pilot initiative, HUD's office of single family asset management will use New Berlin, Wisconsin-based Marshall & Swift's cost estimator data and solutions to provide repair, replacement, maintenance, or improvement costs on FHA housing units. http://www.dsnews.com/articles/hud-uses-marshall-swift-for-reo-costing-data-2009-12-18 http://nationalmortgageprofessional.com/news15166/ohio-ag-cordray-files-suit-against-hamp-servicer-barclays-capital-real-estate-dba-homeq-se Fri, 18 Dec 2009 16:07:24 -0500 Ohio Attorney General Richard Cordray has announced a lawsuit filed against Barclays Capital Real Estate d/b/a HomEq Servicing, headquartered in New York, for issuing unfair loan modification agreements and providing inadequate, incompetent customer service to Ohioans who were at risk of losing their homes to foreclosure. HomEq is a participant in the federal Home Affordable Modification Program (HAMP).Read more 15166 at http://nationalmortgageprofessional.com http://www.dsnews.com/articles/hamp-loan-servicer-sued-by-ohio-attorney-general-2009-12-18 Fri, 18 Dec 2009 14:58:00 -0500 In an announcement Wednesday, Ohio Attorney General Richard Cordray said he has filed a lawsuit against New York-based Barclays Capital Real Estate, doing business as HomEq Servicing. HomEq, a participant in the federal Home Affordable Modification Program (HAMP), has been accused of issuing unfair loan modification agreements and providing inadequate, incompetent customer service to Ohioans who were at risk of losing their homes to foreclosures. http://www.dsnews.com/articles/hamp-loan-servicer-sued-by-ohio-attorney-general-2009-12-18