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Loan Modification Agreement – Help for Homeowners in Need*

By Loan Union

If you are struggling to make your monthly payments, it is a relief to learn about the possibility of a loan modification. It is a terrible feeling to live in fear of defaulting on your mortgage and losing your house to foreclosure. A loan modification might be just what you need, and if so,... »

Making Home Affordable Loan Modification Program Examples

By Loan Union

The following are examples of ways the Home Affordable Modification Plan can help make your mortgage affordable. These are examples and are not intended to indicate the exact results you can expect if you qualify for this plan.LegendGMI = Gross Monthly IncomePITIA = Principal, Interest, Taxes, Insurance and Association FeesDTI = Debt to Income... »

Ocwen to service $4.4B in Freddie Mac loans – Bizjournals.com

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Ocwen to service $4.4B in Freddie Mac loans Bizjournals.com In a Securities and Exchange Commission filing Tuesday, the servicer of subprime mortgages (NYSE: OCN) said that Ocwen Loan Servicing agreed to the interim ... and more »

Mortgage applications drop as loan rates rise – Reuters

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MonitorBankRates.com Mortgage applications drop as loan rates rise Reuters NEW YORK (Reuters) - US mortgage applications fell last week, reflecting a drop in demand for home refinancing loans as interest rates soared ... US MBA Mortgage Applications Index Fell 3.5 Percent Last Week Bloomberg Loan Application Volume Down On Increased Rates Worcester Business... »

Gov't counting on public shame to help loan effort – The Associated Press

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Daily Mail Gov't counting on public shame to help loan effort The Associated Press The Treasury Department on Tuesday plans to report on the progress of loan servicers — companies that collect mortgage payments — that are in line for up to ... Biggest Banks Come Up Short on List of Mortgage Modifications... »

Mortgage loan changes – Newsday

By Loan Union

ABC News Mortgage loan changes Newsday Lenders must give borrowers loan cost estimates within three business days of the application for refinancing, second home mortgage or home equity loan . ... Mortgage Servicers Are Under Pressure to Modify More Loans Wall Street Journal Mortgage Co. Face New Pressure on Homeowner Help ABC News... »

Banks Asked to Ramp Up Loan Help – Washington Post

By Loan Union

MiamiHerald.com Banks Asked to Ramp Up Loan Help Washington Post Since the program, known as Making Home Affordable, began in March, it has recorded about 200000 loan modifications. But more than 1 million borrowers ... Mortgage Servicers Are Under Pressure to Modify More Loans Wall Street Journal Feds push mortgage companies to modify... »

USEC Denied Loan Guarantees – Washington Post

By Loan Union

World Nuclear News USEC Denied Loan Guarantees Washington Post "President Obama promised to support the loan guarantee for the American Centrifuge Plant while he campaigned in Ohio. We are disappointed that campaign ... DOE denies loan guarantee for Ohio uranium plant The Associated Press USEC loan guarantee application rejected; shares plunge Bizjournals.com DOE... »

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