Items Tagged with 'loan mods'

ARTICLES

  • "Rocket Mod": The future of mortgage default servicing?

    How technology will change loss mitigation
    Over the last few years, technological advancements took mortgage originations from the fax machine to the smartphone — and from months of waiting to approval in minutes. Could the same thing be coming for mortgage modifications?
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  • FHA makes it easier for struggling borrowers to keep their homes

    Announces "streamlined" loss mitigation process for mortgage servicers
    Borrowers with a high loan-to-value ratio mortgage received some welcome news on Thursday morning when the Federal Housing Finance Agency announced that it plans to extend the Home Affordable Refinance Program into 2017. But what about struggling borrowers whose loans are insured by the Federal Housing Administration? Well, those borrowers are now about to get some relief of their own.
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  • Nationstar gives $30 million for distressed homeowners in Milwaukee

    Deal smooths way for public financing of Milwaukee Bucks arena
    Nationstar Mortgage will provide up to $30 million to financially troubled Milwaukee homeowners under an agreement with the city. This comes after months of negotiations, a spate of critical press and upcoming hearings on how the city is financing the proposed $500 million Milwaukee Bucks arena, which media and analysts say is definitely related.
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