Tag Archives: loan modification

Massachusetts AG Urges FHFA to Rethink Stance on Principal Reduction

Posted on August 27, 2012 by

08/24/2012 By: Tory Barringer, DSNews.com Massachusetts attorney general Martha Coakley issued a letter Thursday to Fannie Mae, Freddie Mac, and their conservator, FHFA, reminding the agency and mortgage giants that they are required to offer reasonable loan modifications in the … Continue reading →

Posted in Financing, Foreclosure, Len & Leslie Marma, Marshfield Real Estate, Mortgage | Tagged , , , , , | Leave a comment

Foreclosure Bill is Sent to Governor

Posted on July 27, 2012 by

Associated Press for The Boston Globe, July 27th, 2012 The Legislature has sent Governor Deval Patrick a compromise version of a bill that aims to prevent home foreclosures by forcing mortgage lenders to offer modifications on certain risky loans. Senator … Continue reading →

Posted in Financing, Homeownership, Len & Leslie Marma, Market Conditions, Marshfield Real Estate, Mortgage, Quality of Life | Tagged , , | Leave a comment

Coakley Announcing Foreclosure Prevention Plan

Posted on April 26, 2012 by

Wednesday, April 25, 2012, Bankers & Tradesmen Massachusetts Attorney General Martha Coakley is launching an initiative to prevent foreclosures by increasing the number of loan modification specialists available to help distressed borrowers and provide a range of grant opportunities. The … Continue reading →

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New Foreclosure-Relief Plan for Mass.

Posted on April 25, 2012 by

Megan Woolhouse, The Boston Globe, April 25th, 2012 A new program to help prevent unnecessary home foreclosures, paid for with a $25 billion multistate mortgage loan settlement with five major lenders, is expected to be unveiled Wednesday by Massachusetts Attorney … Continue reading →

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Morning Radar: NY Judge denies Motion to Widen $8.5B BofA Case

Posted on April 25, 2012 by

HousingWire, April 25th, 2012 HousingWire’s Morning Radar provides a look at stories trending across the Internet. BofA settlement stays limited in scope A New York judge on Tuesday rejected an effort by American International Group and others who wanted to … Continue reading →

Posted in Financing, Foreclosure, Home Buying, Home Selling, Market Conditions, Mortgage, Quality of Life | Tagged , , | Leave a comment

Foreclosure Settlement Docs Filed

Posted on March 12, 2012 by

By Jon Prior, March 12, 2012 • HousingWire.com The state attorneys general and the Department of Justice filed the settlement with the top five mortgage servicers Monday. The deal announced in February totals $25 billion, of which $20 billion will … Continue reading →

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Foreclosures and Banks’ Math: It doesn’t Add Up

Posted on February 27, 2012 by

REALTOR® Notebook By Teresa Boardman Inman News®, February 27th, 2012 This is a true story, but I have changed some of the details to protect the people involved. This is an up close and personal look at foreclosure as it … Continue reading →

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Big Foreclosure Settlement. What will the future bring?

Posted on February 11, 2012 by

Posted by Rona Fischman February 10, 2012, Boston.com Yesterday, things changed for home owners who lost or are losing their properties to foreclosure. Massachusetts Attorney General’s office was part of a national settlement with Ally Financial, Bank of America, Citigroup, … Continue reading →

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6 Tips for a Successful Loan Mod

Posted on February 2, 2012 by

Avoid rookie mistakes when preparing, submitting your document package By Jack Guttentag Inman News®, February 1st, 2012 Editor’s note: This is the second of a multipart series Read Part 1. Millions of mortgage borrowers who can no longer afford their … Continue reading →

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Refinance or Modify while it’s still possible

Posted on January 25, 2012 by

As income and property values change, so do your chances to qualify By Jack Guttentag Inman News, January 25th, 2012 Editor’s note: This is the first of a multipart series. Interest rates have been very low for several years, and … Continue reading →

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