| Loss Mitigation |
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| Web Site: | Default Servicing News dsnews.com/ |
| Mortgage Loan Modifications - Keywords | ||
| » Mortgage Loan Modification 19 | ||
| » Mortgage Reduction 29 | ||
| » Short Sale 14 | ||
| » Loan Modification Leads 12 | ||
| » Loan Modification Software 10 | ||
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Loss Mitigation/Loan Modification News |
| • Prommis Solutions and Radian Partner on Loss Mitigation Program Mortgage solutions providers team up, help homeowners keep foreclosure at bay -- Prommis Solutions,Meredith Boyd,Atlanta Ga 07/02/2009 • Genworth Data Shows Positive Results from Obama Administration Home Affordable Refinance Program Company Implements Enhancements to Help Mortgage Servicers Modify Loans and Homeowners Avoid Foreclosure Under Home Affordable Modification Program -- Genworth Financial, Inc.,Terry Souers,Raleigh Nc 07/01/2009 • PMI Expands Refinance-to-Modification Program Flexible for All PMI-insured Loans Including New Eligible Lender/Servicers -- PMI Mortgage Insurance Co.,Bill Horning,Walnut Creek Ca 06/26/2009 • No California Foreclosure Moratorium But You Can Save Your Home With Loan Modification Programs in Los Angeles and Throughout California The new `foreclosure moratorium laws` do not guarantee homeowners a loan modification and will do little to stop a trustee sale. Governor Schwarzenegger`s signature on the recent California Foreclosure Prevention Act, similar to the Obama Making Homes Affordable Plan, is unlikely to stop or delay most foreclosures. The bill is a step in the right direction by adding 90 days to the 3 month time frame between a notice of default and a notice of trustee sale, but leaves loopholes that allow lenders -- Law Office of Barsness & Cohen,The Law Office of Barsness & Cohen,Los Angeles Ca 06/19/2009 • Signiadocs Named One Of Top 50 Service Providers For 2009 Emortgage Services Company Recognized For Contributions In Field Of Mortgage Technology SigniaDocs, the Dallas-based leader in eMortgage services, has been named to the elite list of Mortgage Technology Magazine’s Top 50 Service Providers for 2009, recognizing the company’s leadership in the growing electronic mortgage space. The eMortgage, long predicted to become the standard way in which Americans obtain mortgages, has seen more rapid adoption this year than in any other – and partially for a surprising reason. Lenders and their loan servicers have discovered that using electronic loan modifications, “eMods,” in SigniaDocs parlance, substantially improves the modifications’ chances for success. -- SigniaDocs,Jim Hennessy,Dallas Tx 06/15/2009 • Foreclosure And Loan Modification Scams On The Rise New Federal Legislation Encourages Short Sales, But Fraud Cases Skyrocket National Short Sale Center, the largest short sale company in the nation, today warned homeowners of the rise in foreclosure and loan modifications scams. The FBI is currently investigating more than 2,100 mortgage fraud cases—a 400 percent increase from five years ago. The fraud includes sale-leasebacks, quitclaims, stripping homeowner equity and misleading homeowners into signing over deeds. -- National Short Sale Center,Christopher Day,Scottsdale Az 06/12/2009 • Avoid Foreclosure and Scam Artists With New Online Resources Non-Profit Organization Provides Free Online Loan Modification and Debt Consolidation Assistance -- DebtConsolidationConnection.com,Leah Taylor,Delray Beach Fl 06/10/2009 • Reo Alternatives Launches Emortgage System Processing To Expedite Millions Of Mortgage Modifications Electronic processing can save millions of dollars while meeting urgent timetable for homeowners facing foreclosure -- MRN Cubed,Paul Anselmo,Dallas Tx 06/09/2009 • The Latest 'foreclosure Rescue' Scam--loan Audits Mortgage Fraud Examiners, the investigative firm who warned the public about loan modification scams and the “criminal loan modification trap” months before the Obama Administration, is now warning the public of this latest scam. -- Mortgage Fraud Examiners,Storm Bradford,Ashburn Va 06/09/2009 • REO Alternatives Launches eMortgage System Processing to Expedite Millions of Mortgage Modifications The following release is being issued by REO Alternatives: -- REO Alternatives,Barbara Saylor,Washington Dc 06/08/2009 |