News Sources wrote an interesting post today on
Here’s a quick excerpt
Ocwen Financial (OCN: 11.47 -0.52%), a mortgage servicer, gathered representatives of more than 30 housing advocacy organizations in a roundtable discussion over foreclosure prevention methods. The community groups and Ocwen representatives agreed to work closely with the Obama Administration to design flexible guidelines that qualify more distressed homeowners for mortgage modifications under the Home Affordable Modification [...]

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
Recently it was announced that changes were coming to the FHA streamline program — and the changes that were announced won’t make it any easier to get an FHA streamline done. According to the official announcement from HUD, the FHA streamline qualifying rules will change effective November 17, 2009. Prior to the announcement, the FHA streamline refinance was popular with FHA borrowers because it was a “no income, no asset, no appraisal” refinance option that allowed them to take advantag

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
mparent77772: Fed: The next mortgage crisis http://bit.ly/dDs2R

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
When it comes down to it, there’s only 1 thing that controls mortgage rates. And it’s not the 10-year treasury note.

Read the rest of this great post here