Mortgage

Mortgage Services Agree To Reforms

Washington Post By Dina ElBoghdady Wednesday, Apr 13, 2011 Three federal agencies announced agreements with the nation’s largest mortgage servicers Wednesday that aim to stem shoddy foreclosure practices. But the plans do not immediately impose financial penalties on the companies or force them to reduce the mortgage debt for troubled borrowers. The deals require the …

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HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS

HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS How big is the home foreclosure problem now? Our country is facing a foreclosure crisis that is unprecedented. Home mortgage payments have risen dramatically in the last few years, making it impossible for more and more homeowners to afford to keep …

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