Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us
h gosh

Homeowners often rejected under Obama's loan plan

                                                       
       
 
Graphic | Few homeowners get help
                                       
                        Few homeowners get help                                                

MCT

                       

View larger image

                                                               
                               
       
                Comments (7)        
|        
                Recommend (0)        
                       

WASHINGTON — Ten months after the Obama administration began pressing lenders to do more to prevent foreclosures, many struggling homeowners are holding up their end of the bargain but still find themselves rejected, and some are even having their homes sold out from under them without notice.

                       

These borrowers, rich and poor, completed trial modifications of their distressed mortgage, and made all the payments, only to learn, often indirectly, that they won't get help after all.

How many is hard to tell. Lenders participating in the administration's Home Affordable Modification Program, or HAMP,

To continue reading article, go here:  http://www.mcclatchydc.com/227/story/80867.html
Quote 0 0
Write a reply...