by James Robert Deal | May 8, 2012 | Mortgage Modification
Bank of America has started sending letters to thousands of homeowners in the United States, offering to forgive a portion of the principal balance on their mortgages by an average of $150,000 each. The reduction for qualifying homeowners could amount to monthly...
by James Robert Deal | Apr 21, 2012 | Mortgage Modification
By Travis Waldron, Think Progress Posted on April 20, 2012, Printed on April 21, 2012 http://www.alternet.org/newsandviews/907008/wells_fargo_insiders_detail_foreclosure_fraud_practices%3A_%E2%80%98it%E2%80%99s_exactly_like_an_assembly_line%E2%80%99 That Wells...
by James Robert Deal | Apr 5, 2012 | Mortgage Modification
Is consumer protection enough to fix housing? HW Magazine April 2012 by Christopher Whalen It is an election year and, no surprise, President Barack Obama is pushing his new Homeowner Bill of Rights that would slow or curb foreclosures when mortgage holders fall...
by James Robert Deal | Apr 2, 2012 | Mortgage Modification
WA State Supreme Court Hears Arguments in Case Against MERS “May a party be a lawful ‘beneficiary’ under Washington’s Deed of Trust Act if it never held the promissory note secured by the Deed of Trust?” That’s the key question the Washington State’s...
by James Robert Deal | Apr 2, 2012 | Mortgage Modification
4-1-12 Thanks to Paul Lamoreaux of Port Angeles who tracked down the information I needed: I wanted to know how many kids there are in the US age 12 – 15, because this is the group of which 41% has some degree of fluorosis. I wanted to show in plain numbers how...
by James Robert Deal | Apr 1, 2012 | Mortgage Modification
Making Home Affordable Encourages But Does Not Require Principal Reductions HAMP has increased financial incentives to servicers for principal reductions. However, servicers are not required to give principal reductions. See HAMP Supplemental Directive 12-01, issued...
