Comments on: Mortgage Delinquencies Rise | 2008 Home Loan Modifications Do Little

By: Making homes affordable starting to make a difference

Making homes affordable starting to make a difference — Tue, 22 Dec 2009 21:42:49 +0000

[...] over 650,000 loans have been reworked through the governments Making Home Affordable Program. Prior modifications were stalled due to the home owner’s financial instability, or the lending banks stance on the delinquent [...]

By: Loan Modification

Loan Modification — Tue, 28 Jul 2009 08:08:10 +0000

Good info post. Thanks for sharing this article.

By: pts

pts — Fri, 19 Jun 2009 15:20:45 +0000

Thanks for the great post!

Btw The mortgage market continues with its roller coaster ride as mortgage backed securities(MBS)raded way up yesterday then sold off all gains, leaving us just about where we started the day.

Hopefully we will continue to see the rates dip as unemployment seems to be dropping a bit.

By: Panama Guide

Panama Guide — Thu, 18 Jun 2009 21:01:09 +0000

At least there was good news today in the US that unemployment numbers fell for the first time since January. Hopefully this will be the start of the world's economy turning the corner and becoming prosperous again. Things are not as bad they were during the Great Depression….lets hope they stay that way.

By: panama property

panama property — Fri, 15 May 2009 19:00:47 +0000

Rising unemployment is adding to these woes, forcing more borrowers to turn to credit cards for relief. Also Bank card delinquency is at its highest level in the past five years. This whammy could put even more homeowners on the road to foreclosure, delaying that recovery some seem to think is just months away.

Cheers,Harry,Panama property

By: Orlando

Orlando — Sat, 11 Apr 2009 14:45:36 +0000

Loans will need to go as low as 2.99% fixed for 30 year to help this mess out. Better to make less profit and not eat the house….banks are you listening?