2 Articles match "2006","FHA","Massachusetts"

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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
For anyone who purchased a property from 2004 through 2006, that leaves them potentially facing the financial hardship that distresses many homeowners over the real possibility of foreclosure. Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced.
www.realtytrac.com - Tuesday, February 3, 2009
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Foreclosure Salvation: By Grace or By Works?
The payment for those sins is often foreclosure, but Clinton wants the government to become a Messianic figure for homeowners facing foreclosure — and by default also for many lenders who approved problem loans for those homeowners — by forgiving these sins and bearing the transgressions of malevolent mortgages that no other lender or buyer is willing to touch. "That’s why I believe the Federal Housing Administration should also stand ready to be a temporary buyer — to purchase, restructure, and resell underwater mortgages," Clinton said in the speech at what was billed as the "Solutions for
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Salvation: By Grace or By Works?
    The payment for those sins is often foreclosure, but Clinton wants the government to become a Messianic figure for homeowners facing foreclosure — and by default also for many lenders who approved problem loans for those homeowners — by forgiving these sins and bearing the transgressions of malevolent mortgages that no other lender or buyer is willing to touch. "That’s why I believe the Federal Housing Administration should also stand ready to be a temporary buyer — to purchase, restructure, and resell underwater mortgages," Clinton said in the speech at what was billed as the "Solutions for
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
    For anyone who purchased a property from 2004 through 2006, that leaves them potentially facing the financial hardship that distresses many homeowners over the real possibility of foreclosure. Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE