mortgage servicers

Bernanke: We take foreclosure problems seriously

Economic news - CNNMoney.com  Mon, 10/25/2010 - 07:01

Federal Reserve Chairman Ben Bernanke said Monday that a federal agency review of foreclosure procedures at the nation's largest mortgage servicers should be completed next month.


 

Foreclosure probe: Problems aren't 'systematic'

Economic news - CNNMoney.com  Wed, 10/20/2010 - 14:07

A federal probe investigating five large mortgage servicers has found some improper foreclosures, but officials have yet to find systemic, "structural" problems with processing, according to the U.S.

Housing Secretary.


 

12% of borrowers helped by Obama plan

Economic news - CNNMoney.com  Wed, 09/09/2009 - 08:40

Mortgage servicers have placed 12% of eligible troubled borrowers into trial modifications under President Obama's foreclosure prevention plan, the Treasury Department said Wednesday.


 

9% of late home loans get help

Economic news - CNNMoney.com  Tue, 08/04/2009 - 07:07

Mortgage servicers have put nearly 9% of delinquent borrowers into trial modifications under the Obama foreclosure prevention plan, the Treasury Department said Tuesday.


 

Obama turns up heat on mortgage servicers

Economic news - CNNMoney.com  Thu, 07/16/2009 - 11:47

As complaints mount about President Obama's foreclosure prevention program, the administration is ratcheting up the pressure on mortgage servicers.