Loan Modification

Bankers Per-Loan Profits Fall on Higher Product Costs
Borrowers applied for more purchase mortgages than refinance loans, and the higher per-loan production costs meant declined profits for independent mortgage bankers and subsidiaries in Q309, the Mortgage Bankers Association (MBA) said...

Double Standard Mortgage Bankers Are Underwater Too
The Wall Street Journal reported yesterday that in an interview last year, John Courson, chief executive of the Mortgage Bankers Association of America (MBA), said borrowers who were ?underwater? should keep paying their mortgage if they can afford to do so...

Eleventh Periodic Mortgage Fraud Case Report To: Mortgage Bankers Association
MARI®Mortgage Asset Research Institute Eleventh Periodic Mortgage Fraud Case Report To: Mortgage Bankers Association, by Denise James, Jennifer Butts Michelle...

Mortgage Modification Bill: Mortgage Bankers Dont Get It
Pending bankruptcy legislation would allow bankruptcy judges to modify mortgages in Chapter 13 in order to slow down the foreclosure crisis in this country. Mortgage bankers oppose the bills even though it could ultimately benefit their industry...

Mortgage Activity Cooled in Third Quarter
The mortgage bonanza that was during the second quarter ran out of steam in the third quarter, according to a survey of independent mortgage bankers from the MBA. Average production volume slipped 33 percent between the second and third quarter as refinancing slowed, cutting into profits in the process...

Mortgage Bankers Association Sells Headquarters at Huge Loss
The Mortgage Bankers Association sold its Washington D.C. Headquarters at a multi-million dollar loss to commercial real estate firm CoStar Group, according to the WSJ. The bankers group apparently parted with the property for $41...

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Home Mortgages
What to look for

National City Mortgage
$4.6 million payout resolves mortgage suit.

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring

Seattle Mortgage Co Faces California Class Action
Seattle Mortgage Co Faces California Class Action

Bank of America Faces Class Action over Mortgage Foreclosure Practices
Bank of America Faces Class Action over Mortgage Foreclosure Practices

Aurora Loan Faces Class Action over Mortgage Review Services
Aurora Loan Faces Class Action over Mortgage Review Services

Hedge Funds
alleging companies involved in mortgage fraud.