What is A Home Loan (Mortgage) Modification
www.2ModMyLoan.com What is a Loan Modification? I’ve made this youtube channel to answer Loan Modification questions that are frequently asked
2009 Mortgage Fraud Report Released. DOJ Announces 485 Arrests
The FBI has released the 2009 Mortgage Fraud Report Excerpts from the report… The purpose of this study is to provide insight into the breadth and depth of mortgage fraud crimes perpetrated against the United States and its citizens during 2009. This report updates the 2008 Mortgage Fraud Report and addresses current mortgage fraud projections, issues, and the identification of mortgage fraud “hot spots.” KEY FINDINGS: FBI mortgage fraud pending investigations increased 71 percent from fiscal year (FY) 2008 to FY 2009.
Regulators Tie CRA to HUD Development Program
Citing the need to stabilize communities affected by high levels of foreclosures, federal bank and thrift regulators have opened a period of public comment on a proposed change to the Community Reinvestment Act (CRA). The change would encourage depository institutions covered by the act to support the Neighborhood Stabilization Program (NSP) administered by the U.S. Department of Housing and Urban Development (HUD)