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Jan Owen, Jerry Brown's Appointee To Oversee Banking, Has Ties To Big Banks - Huffington Post
Jan Owen, Jerry Brown's Appointee To Oversee Banking, Has Ties To Big Banks
Huffington Post
Jan Owen, a Democrat, also is named in a congressional inquiry into whether lawmakers and certain executives received preferential treatment for home loans, although she was not accused of wrongdoing. Consumer advocates said they are watching Owen's ...
Mortgage mods in 2011 down 40% from prior year - Housing Wire
 Housing Wire | Mortgage mods in 2011 down 40% from prior year Housing Wire In December, Hope Now completed 80000 loan mods, including 56000 proprietary loan modifications and 23374 that were finalized through the federal Home Affordable Modification Program. Overall, modification activity outpaced foreclosures in 2011, ... Obama housing plan helps its one millionth homeowner |
Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare... - Mortgage News Daily
Google Ends Mortgage Ads; Streamlines to be Nixed from FHA Compare... Mortgage News Daily This is part of a trend that has seen the Obama administration escalate efforts to help US borrowers-in addition to the finalization of the foreclosure and loan abuses settlements, a new state and federal unit has been created to investigate ... |
California not among states that OK bank settlement - Los Angeles Times
 msnbc.com | California not among states that OK bank settlement Los Angeles Times The long-sought deal would provide relief for homeowners and settle a host of investigations into the foreclosure paperwork practices of the five largest mortgage servicers. The size of California's mortgage market — about 14% of existing home loans ... Most States Agree to Mortgage Deal, with Notable Exceptions Mortgage relief: Partial solution better than none Key states move closer to foreclosure-abuse deal |
Wells Fargo to Help Inland Empire and Los Angeles Customers Facing Mortgage ... - MarketWatch (press release)
 MSN Money | Wells Fargo to Help Inland Empire and Los Angeles Customers Facing Mortgage ... MarketWatch (press release) Where possible, borrowers will receive a decision on a workout, loan modification, or other options, on site or shortly following the workshop. Options include Wells Fargo's own loan modification program and the federal government's Home Affordable ... Wells Fargo Reports 728024 Active Trial And Completed Modifications Through ... |
Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages - Bloomberg
 Bloomberg | Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages Bloomberg The $30000 will cover moving costs and the rental deposit for her next home. Farley, who is also approved for an additional $3000 through a federal incentive program, is scheduled to close the deal Feb. 10. “I wondered, why would they offer me ... Banks Paying Homeowners a Bonus to Avoid Foreclosures: Mortgages |
Cross-purposes at Freddie Mac - Scranton Times-Tribune
 89.3 KPCC (blog) | Cross-purposes at Freddie Mac Scranton Times-Tribune The Federal Home Loan Mortgage Corp., better known as Freddie Mac, had been working at cross-purposes with contradictory missions. Freddie Mac and its sibling Fannie Mae, the Federal National Mortgage Association, were created by the government. A Mortgage Tornado Warning, Unheeded WHAT OTHERS SAY: Freddie Mac kept Obama initiatives from working Obama's Mortgage Plan About Politics, Not Economics |
Banks to take a hit on US home loans - Financial Times
Banks to take a hit on US home loans Financial Times The Obama administration, which recently announced the formation of a new state and federal unit to investigate alleged frauds involving home loans and mortgage-backed securities, intends to use the threat of litigation against large US financial ... |
Reverse mortgage may be best option for elderly homeowner - Los Angeles Times
Reverse mortgage may be best option for elderly homeowner Los Angeles Times She wouldn't have to make payments or pay income taxes on this loan, and it wouldn't have to be paid off until she dies or moves out. Reverse mortgages can be expensive because of the fees involved, although a new version of the federal Home Equity ... |
Editorial: Mortgage crisis still begs for intervention - The Spokesman Review
 Fox News | Editorial: Mortgage crisis still begs for intervention The Spokesman Review The Federal Home Loan Mortgage Corp. (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) were created to help Americans achieve the dream of homeownership. Fannie Mae emerged during the Great Depression to buy mortgages from ... Freddie Mac bets against struggling homeowners Obama should take cue from California's congressional Demos on housing crisis Obama pushes new plan for home loan refinancing |
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