We are looking at tens of billions of taxpayer dollars again being funneled to the very banks behind the mortgage crisis.
President Obama announced an expansion and modification of his Home Affordable Modification Program (HAMP). While one can debate the merits of incentives to keep unemployed families in their homes while they search for jobs — [...]
Posts Tagged ‘mortgage crisis’
New Obama Mortgage Plan: A Backdoor Bank Bailout
April 1st, 2010 by Mortgage Writer
Tags: banks, economy, mortgage, mortgage crisis, Obama, US Economy
more...Obama Adminstration Seeks to Strengthen Mortgage Relief for Homeowners
December 1st, 2009 by Mortgage Writer
The Treasury Department unveiled a new plan yesterday seeking to make a $75 billion federal program to help struggling homeowners more effective.
To date, more than 650,000 mortgage holders have been granted temporary modifications on their mortgage loans under the Home Affordable Modification Program (HAMP). But as of September 1, only 1,711 mortgage modifications had been [...]
Tags: foreclosures, Home Affordable Modification Program, homeowners, lenders, mortgage crisis, mortgage loans, Obama, The Department of Housing, The Treasury Department, Urban Development
Lots of Prison case doable over 41 keyed up salt away prime Deeds
October 29th, 2009 by Mortgage Writer
Due to the recent mortgage fraud takedown known as “Operation Bad Deeds,” a joint federal, state and local operation targeting mortgage fraud spearheaded by the U.S. attorney’s office for the Southern District of New York, 41 people face more than 3,600 years in prison if they are convicted.
Operation Bad Deeds resulted in the arrest of [...]
Tags: foreclosure, homeowners, lenders, loan officers, mortgage brokers, mortgage crisis, mortgage fraud, mortgage loans, real estate
Fatal error: Cannot redeclare pagenavi_textdomain() (previously declared in /home/mortlast/public_html/wp-content/themes/front-page/wp-pagenavi.php:34) in /home/mortlast/public_html/wp-content/themes/front-page/wp-pagenavi.php on line 35