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Tag Archive | "HAMP"

Loan Modification: Basics of Mortgage Modifications

Loan modification is a process that enables those in danger of foreclosure to modify or rearrange their mortgage. Fundamentally, the purpose of mortgage modifications is to enable homeowners with payment difficulties to keep current with their repayments and retain ownership of their homes. There have been problems with these in the past, and many lenders […]

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Mortgage News Wrap-Up: Memorial Day Weekend 2011

As was expected, trading volume in the bond markets was minimal today as traders leave early for the Holiday weekend and the bond markets closed early at 2:00 PM EST. This week was marked by interesting new regarding FHA loan requirements, low trading volume, interesting Foreclosure data from the first quarter and a new HAMP […]

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