Loan Modification

Housing regulator considers easing loan changes
(Source: Reuters) – The regulator for Fannie Mae and Freddie Mac said on Tuesday it was considering ways for mortgage servicers to be compensated in order to make it easier to modify loan terms for struggling homeowners...

Lenders, Mortgage-Backed Bond Packagers May Eat As Much As $30B In Crappy Loans Owned by Fannie, Freddie, Says Regulator
Bloomberg News reports:Fannie Mae and Freddie Mac?s regulator may identify as much as $30 billion of debt included in mortgage bonds that the companies can force sellers to repurchase, according to Joshua Rosner, an analyst who in 2007 predicted the collapse in the market for the securities...

More On Federal "Regulator" That Cut Banksters A Pass In Recent Foreclosure Fraud Settlement
From the opinion pages of The New York Times, author and op-ed columnist Joe Nocera writes:Judging by last week?s performance, it sure looks as though the country?s top bank regulator is back to its old tricks...

Fannie and Freddies Govt Regulator Opposes Reducing Mortgages for Struggling Homeowner
(By Karen Wise of Probublica) – The Obama administration has been pushing for banks and investors to cut mortgage balances for homeowners who owe more than their home is worth...

Securities Regulator Probes Sale Of CMO (Collateralized Mortgage Obligation) Investments To Retail Investors
Securities regulators have asked several brokerage firms for information about the marketing and sale of mortgage-related products, specifically those sold to individual investors. These collateralized mortgage obligations are pools of residential home mortgages...

Telecoms regulator increases powers over rogue sellers
Telecoms regulator Ofcom will force phone providers to record sales calls in an attempt to cut down on 'slamming', where a provider signs up a customer without their permission. The regulator has also published new rules on mis-selling of mobile services.

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

Apeks Scuba Diving Regulator
Recalled Due To Missing Part

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