Tag Archives: Borrowers

Housing and Government: ‘Troubling Dip’ or Double Dip?

Page 1 of 2 | Next PageShow Entire Article Today the Obama administration released its monthly “scorecard” for the Making Home Affordable Program (MHA), a.k.a. the federal mortgage bailout. The Home Affordable Modification Program (HAMP), which is part of MHA, … Continue reading

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Big Banks Lose: Mortgage Risk Retention Doesn’t Expire

Page 1 of 2 | Next PageShow Entire Article Yesterday morning I attended the FDIC’s background press briefing before the vote on proposed risk retention rules. While the rules covered a vast ground, I was of course most interested in … Continue reading

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More Borrowers Underwater: Why We Should Care

Page 1 of 4 | Next PageShow Entire Article Falling home prices at the turn of the year pushed more borrowers into a negative equity position, meaning they owe more on their mortgages than their homes are worth. In Q4, … Continue reading

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Protesters Ream State AGs over Foreclosure Settlement

Page 1 of 2 | Next PageShow Entire Article There is no official settlement. There is no multi-billion dollar fund or penalty and there is no word from Federal Regulators as to how the banks will ultimately “fix” the foreclosure … Continue reading

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Obama Administration Defends Housing Bailout

Page 1 of 2 | Next PageShow Entire Article The Obama Administration is vigorously defending its mortgage bailout programs, from the Home Affordable Modification Program (HAMP) to the Neighborhood Stabilization Program to the FHA Short Refi. They’ve taken to the … Continue reading

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