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House Oversight Committee To Investigate HAMP

The House Committee on Oversight and Government Reform has launched an investigation into federal foreclosure mitigation programs, committee chair Ed Towns, D-N.Y., informed Treasury Secretary Tim Geithner in a letter dated Feb. 4.

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Freddie Mac’s Outreach: A New Phase in Foreclosure Rescues

Freddie Mac, whose primary function is providing mortgage capital to lenders, also knows how important neighborhood outreach is to struggling homeowners facing foreclosure.
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Foreclosure scams continue to menace homeowners

Foreclosure scams that ultimately cost struggling homeowners more than a mortgage payment continue to climb in Arizona.
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New rules don’t help those with best credit

People with the best credit used to be able to count on the lowest credit card rates.  But that’s no longer necessarily going to be the case with the passage of the nation’s new law on credit cards.
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Treasury Weighs New Test for Loan Modifications, Official Says

The U.S. Treasury Department is considering changes to its “net present value” test used to determine whether lenders can write off mortgage principal for borrowers seeking more affordable loan terms.
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Know What Lenders Know – Must Watch NOW!

State foreclosure filings fell in January

Foreclosure filings in Wisconsin fell 10.9% in January from the same month in 2009, offering some hope that the foreclosure problem – while not soon going away – at least could level off.
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Will you save in the long run? Refinancing 101

Today’s low interest rates may look tempting, but how do you know if refinancing is really worth it?
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HOUSING CRISIS: Extra staff to fight foreclosures

The Department of Housing and Urban Development is sending eight additional employees to Las Vegas to help the city deal with the home foreclosure crisis, Senate Majority Leader Harry Reid, D-Nev., announced Monday.
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Only 1,072 permanent loan modifications in Colorado

Only 1,072 permanent loan modifications have been made to homeowners in Colorado facing foreclosure, according to the latest government data.
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The New Loan Modification Guidelines: How to Qualify without Spending thousands of dollars

*Have you been having trouble getting qualified?
*Has the bank told you numerous times that they don’t have you paperwork?
*Are you fed up with getting the run around?
Hear interviews of clients who have already applied for a loan modification and were successful in getting their modification. 
My secret tip on How to get your loan modification application [...]