Blown Mortgage
Blown Mortgage Recent Blog Posts
Obamas Loan Modification Success Explained
on Oct 27, 2009 in Loan modification HAMP obama success Last Thursday the big news was Obama’s Loan Modification program, Making Home Affordable. The first target the program set out for itself, reaching 500,000 trial loan modifications by November was reached nearly a month early. Critics stated that t...
Loan Modifications For Borrowers With Two Homes What Are The Options
on Oct 25, 2009 in Loan modification borrower homeowner loan modifications primary mortgage two homes Loan Modifications are a very emotionally charged issue. If you are a homeowner in trouble and want information on your chances of getting a much needed loan modification it can be a nightmare to get the right information for your specific situation.
Loan Modifications And Balloon Payments What Is The Cost
on Oct 23, 2009 in Loan modification balloon payment interest rate loan loan mod Reading the news for the last two weeks you would either think the government has the credit crisis in control after hitting its 500,000 trial loan modifications or that there is no hope after seeing the rise in prime mortgage foreclosures and the ri...
Loan Modifications, Story Of Struggle For Banks And Borrowers Alike
on Oct 21, 2009 in Loan modification HAMP struggle If you have been watching the business or economy sections of newspapers, news or blogs you will have got your fair share of loan modification horror stories. At the same time banks are increasing their capacity for loan modifications and seem to be...
Loan Modifications: Why Is Citigroup Optimistic About Future Loan Delinquencies
on Oct 19, 2009 in Loan modification citigroup loan delinquencies Loan modifications seem like a pretty simple concept. You can’t pay your mortgage so the government “encourages” your mortgage provider to give you a break. The break can come in the form of lower interest rates, a longer tenure, deferring a pa...
Loan Delinquencies Fall As Banks Get Serious With Loan Modifications
on Oct 16, 2009 in Loan modification bank HAMP loan modifications obama target Last week’s big news in loan modifications was that HAMP, Obama’s administration’s program to get troubled (i.e. 60 days behind their payments) loans back in line with “aggressive” modifications made its first target of 50,000 trial loans b...
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