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ABC News

Borrowers in foreclosure prevention plan losing mortgage aid
Washington Post
... but we are using every tool available to us to help prevent foreclosures whenever possible," Mike Heid, co-president of Wells Fargo Home Mortgage, ...
Wells Fargo Surpasses Half Million Modification Mark and Continues to Expand ...MarketWatch (press release)
Home Loan Modifications increased to 45 percent for February 2010Best Syndication
Wells Fargo (NYSE: WFC) Boosts Loan Modifications 41 Percent In FebruaryAmerican Banking News
Chicago Tribune -Los Angeles Times -CNNMoney.com
all 333 news articles »

The Guardian


New York Times (blog)

Some tax issues to consider on mortgage write-downs
Washington Post
However, under legislation that took effect in 2007, certain home mortgage debt cancellations -- such as through loan modifications, short sales or ...
Avoiding capital gains taxes on a rental foreclosureBankrate.com

all 397 news articles »

The Money Times

Reality Check for Bank Investors, Mortgage Investors and Home Buyers
Huffington Post (blog)
... the largest source of money for US home loans, could lapse or be exhausted. Lax regulation of Fannie Mae and Freddie Mac led to the mortgage companies ...
Dollars & Sense: Re-financing Your HomeKHON2
Fannie and Freddie's Future: What Will Barney Frank Do?Wall Street Journal (blog)
Fannie Mae Sells Largest Benchmark Issue in 11 MonthsBusinessWeek
Red, White, and Blue Press (blog) -New York Times -UPI.com
all 285 news articles »

Finance and Commerce

Mortgage foreclosure sales increasingly delayed as federal program offers ...
Finance and Commerce
At the same time, Blascziek's adjustable-rate mortgage on his home inched up, pushing his house payments from about $1500 a month to about $1800 a month, ...
Government urges short sales, but experts aren't sure they will helpMiamiHerald.com
Obama plan creates short sale incentives next monthNewsday (subscription) (press release)
Many ideas, but no single answer on stopping spread of negative home equityBelleville News Democrat
Orlando Sentinel -LoanSafe -BestCashCow.com (blog)
all 20 news articles »

The Guardian

UK home loans fall by half in January
The Associated Press
LONDON — The value of home mortgage advances in January fell by half from December, when there was a late rush to complete deals before a tax break ended at ...
Fears grow that new mortgage drought could hit house pricesTimes Online
Mortgage lending slumps by halfThe Press Association
Nine out of 10 home owners not remortgagingTelegraph.co.uk
Financial Times -UK Express -Mirror.co.uk
all 122 news articles »

Guidelines for new short-sale rules
Washington Post
-- Sellers must be unqualified for a loan modification under the Home Affordable Mortgage Program or be unable to afford the modification. ...
Ask a real estate pro: What happens when the appraisal comes in too low?Sun-Sentinel

all 3 news articles »

WNCT

Expenses incurred buying a house can be a risk
Washington Post
When buying a home, you have an obligation to learn about it. You should familiarize yourself with the neighborhood, and you should have the home checked ...
Industry Urges House Lawmakers to Reform FHAHousing Wire
FHA waives rule against house flippingBankrate.com
Gov't official warns on home down payment hikesThe Associated Press
Baltimore Sun (blog) -24/7 Wall St. (blog) -Reverse Mortgage Daily
all 145 news articles »

New York Daily News

Bank of America: Polly wants a lawyer
Boston Globe
... who even though she had not defaulted on her mortgage payments, returned home one day in October to find the bank had mistakenly sent someone to turn ...
Woman loses parrot, has house ransacked by Bank of America in mortgage ...New York Daily News
Bank of America Apologized for Accidentally Repossessing HomeABC News
Bank Sorry for Taking ParrotWall Street Journal
BestCashCow.com (blog) -Avvo -Independent
all 348 news articles »

New York Times

Even High-Score Borrowers at Risk of Mortgage Default
New York Times
... University of Chicago — found that when the mortgage exceeds the home's value by less than 10 percent, homeowners rarely consider a strategic default. ...

and more »

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