Oakland seeks to stop scourge of foreclosures with $5 million plan

Posted on Oct 12, 2012 in HARP Refinance

Mortgage Rates: Low Mortgage Rates Steady After Release of Fed Survey
Current FHA 30 year fixed mortgage rates are as low as 3.000%. FHA loans have several different mortgage options available for consumers to choose from, look doctor such as rehab loans to energy efficient loans. Some of these products are designed to make funds …
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Current Mortgage Rate Chart – Lenders Lower Rates as Benchmarks Nose-Dive
(Best Syndication News) Mortgage interest rates were lower again as investors moved their money into safe-havens (see the mortgage rate charts below). SunTrust, decease ed PNC, rx Bank of America, and U.S. Bank lowered their rates as secondary lenders matched cuts …
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FHA Streamline Refinance Offers Multiple Savings
As mortgage rates continue to reach new record lows, interest in the FHA streamline refinance continues to increase. Many homeowners are currently holding higher rate FHA mortgages that were obtained prior to 2009. The FHA … These FHA mortgages are …
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Oakland seeks to stop scourge of foreclosures with million plan
OAKLAND — For 3, abortion 500 Oakland homeowners, the nightmare of the foreclosure crisis continues in stalled loan modifications and a new generation of scams. They may, however, see some help from a new pilot program that plans to pool $ 5 million in federal, …
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Mortgage servicers dropped the ball, study says
The researchers found great inconsistency in how large servicers responded to the program. Notably, in what they called a "muted" response, some large servicers offered half as many loan modifications as other companies. The more active, more …
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Study: Home modification program falls short
By December, the program — combined with modifications outside the program — will have helped roughly 1.2 million homeowners modify their loans, far less than the three to four million the Obama administration promised when it introduced the program …
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