Treasury to meet with mortgage servicers today – Zee News

Washington: The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury’s thinking said. Herbert Allison, the Treasury Department’s assistant …
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More Mortgage Stuff:

Government plan would aid struggling mortgage borrowers – News-Leader.com
… that would reduce the amount other struggling borrowers … But Herbert Allison, an assistant Treasury secretary, told reporters Thursday that officials are close to expanding the administration’s $75 billion foreclosure relief effort. Go to Source…

Mortgage foreclosures still swamping federal efforts to help – Medford Mail Tribune
In fact, while the Treasury Department’s Home Affordable Modification Program, or HAMP, has started the mortgage modification … would do in February, we are on track to meet the president’s goals,” said Michael Barr, an assistant Treasury secretary … Go to Source…

Mortgage foreclosures still swamping federal efforts to help – Medford Mail Tribune
In fact, while the Treasury Department’s Home Affordable Modification Program, or HAMP, has started the mortgage modification … would do in February, we are on track to meet the president’s goals,” said Michael Barr, an assistant Treasury secretary … Go to Source…

Mortgage fraud complaints rise 88%, with California in the lead – Los Angeles Times
Mortgage fraud reports to the Treasury Department jumped 88% in the second quarter — mainly because banks are reexamining loans from the housing boom and finding problems. And California led the way in this dubious trend, Treasury’s Financial … Go to Source…

Mortgage fraud complaints rise 88%, with California in the lead – Los Angeles Times
Mortgage fraud reports to the Treasury Department jumped 88% in the second quarter — mainly because banks are reexamining loans from the housing boom and finding problems. And California led the way in this dubious trend, Treasury’s Financial … Go to Source…

BofA rates poorly among mortgage servicers – AZCentral.com
Bank of America routinely takes longer than its peers to answer phone calls from borrowers with distressed home loans and loses the highest percentage of calls, too, six months of Treasury Department reports show. BofA’s answering time has averaged 40 … Go to Source…

Rules unveiled to speed housing "short sales" – Denver Post
The Treasury Department unveiled sweeping rules this week to help financially troubled homeowners who need to sell but can’t get a price high enough to pay off their mortgages. Homeowners will even get $1,500 to help cover their moving costs. The … Go to Source…

Short sales speeding up – Long Beach Press-Telegram
The Treasury Department unveiled sweeping rules this week to help financially troubled homeowners who need to sell but can’t get a price high enough to pay off their mortgages. Homeowners will even get $1,500 to help cover their moving costs. The … Go to Source…

Mortgage Modification News and alerts
Hard times always bring out the scammers, and today is no exception. According to the Department of Housing and Urban Development (HUD), a multi-agency crackdown has targeted real estate scams and frauds, as well as bolstered state and federal action and efforts to protect homeowners. An online survey by the FTC found 71 distinct companies running suspicious ads, and a US Treasury committee found …

Mortgage Modification News and alerts
Hard times always bring out the scammers, and today is no exception. According to the Department of Housing and Urban Development (HUD), a multi-agency crackdown has targeted real estate scams and frauds, as well as bolstered state and federal action and efforts to protect homeowners. An online survey by the FTC found 71 distinct companies running suspicious ads, and a US Treasury committee found …

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