June 28, 2017

Neil Barofsky | DeMarco v. Geithner – Tim Geithner’s Principal Hypocrisy

Tim Geithner’s principal hypocrisy Last week the acting director of the Federal Housing Finance … [Read more...]

Neil Barofsky | DeMarco v. Geithner – Tim Geithner’s Principal Hypocrisy

Tim Geithner’s principal hypocrisy Last week the acting director of the Federal Housing Finance … [Read more...]

MATT WEIDNER | BREAKING NEWS! 75% PRINCIPAL REDUCTIONS ON HOME LOANS! STOP FORECLOSURE! ASK ME HOW!

BREAKING NEWS! 75% PRINCIPAL REDUCTIONS ON HOME LOANS! STOP FORECLOSURE! ASK ME HOW! (WARNING: THIS … [Read more...]

FHFA’s DeMarco Says Study Coming Next Month on Debt Forgiveness (VIDEO)

FHFA’s DeMarco Says Study Coming Next Month on Debt Forgiveness The Federal Housing Finance Agency … [Read more...]

FHFA’s DeMarco Says Study Coming Next Month on Debt Forgiveness (VIDEO)

FHFA’s DeMarco Says Study Coming Next Month on Debt Forgiveness The Federal Housing Finance Agency … [Read more...]

Adam Levitin | Calling DeMarco’s Bluff? Use the GSEs’ Market Power to Force 2d Lien Write Downs

Calling DeMarco’s Bluff? Use the GSEs’ Market Power to Force 2d Lien Write Downs … [Read more...]

Statement of Edward J. DeMarco Director FHFA On the State of the U.S. Housing Market: Removing Barriers to Economic Recovery

Statement of Edward J. DeMarco, Acting Director Federal Housing Finance Agency Before the U.S. … [Read more...]

Rep. Lofgren and 115 Reps. Call for Fannie Mae and Freddie Mac to Help Underwater Homeowners Via Principal Reductions

Rep. Lofgren and 115 Reps. Call for Fannie Mae and Freddie Mac to Help Underwater Homeowners … [Read more...]

National Foreclosure Settlement | Confidential Federal-State Draft of Credit Menu

Complex formulas spell out exactly how much credit banks will receive for that aid. For example, … [Read more...]

Schneiderman: Civil & Criminal Investigations Will Continue As We Seek Accountability For Those Responsible For Crisis And Leverage Greater Relief For Homeowners

A.G. SCHNEIDERMAN SECURES $136 MILLION FOR STRUGGLING NEW YORK HOMEOWNERS IN MORTGAGE SERVICING … [Read more...]

Sorry Suckers! | FHFA Releases Analysis that Excludes Principal Forgiveness As Loss Mitigation Tool

“Being underwater does not imply that a borrower lacks the ability or the desire to make good … [Read more...]

William Black | Why Elite Frauds Cause Recurrent, Intensifying Economic, Political and Moral Crises

~ 4closureFraud.org Tweet Related posts: William K. Black | 2011 Will Bring More de Facto … [Read more...]

Recasting A Mortgage – What Is It and Why Is It Done?

Article by Peter Harper A mortgage recast is more like mortgage modification but it mainly … [Read more...]

William Black | Lenders Put the Lies in Liar’s Loans and Bear the Principal Moral Culpability

Lenders Put the Lies in Liar’s Loans and Bear the Principal Moral Culpability By William K. Black A … [Read more...]

Voting on Principal Reductions: Treasury: YES… FHFA: NO… Obama Administration: YES… Congressional Republicans: NO. Good Lord.

Clowns to the left of me, jokers to the right, here I am, stuck in the middle with all of … [Read more...]

Fixing the Principal Deficit Problem

I’m not sure I deserve credit for this entry from Richard Widmark, but it has a great deal of … [Read more...]

BofA to reduce principal for at-risk mortgages

Bank of America Corp. is giving some of its most troubled mortgage borrowers relief from the threat … [Read more...]

FDIC Weighs Loan Principal Cuts to Fight Foreclosure

A … [Read more...]

ACORN Asks HAMP Servicers to Forgive Principal

"The Association of Community Organizations for Reform Now (ACORN), in response to the Treasury … [Read more...]

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