August 10, 2012

Holding the Banks’ Feet to the Fire

A recent article by the Huffington Post’s Peter Goodman showed how one homeowner from the Bronx has continued to struggle to save her home because of the outrageous treatment she’s received at the hands of the bank that services her loan.  Reporting with painstaking detail the obstacles Bank of America has thrown up as Katie […]

August 2, 2012

Breaking Down the Mortgage Servicing Settlement: How it Helps You

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By now, I’m certain that you’ve heard about the historic $25 billion National Mortgage Servicing Settlement.  Along with 49 state attorney generals, the Federal government reached an agreement with the Nation’s five largest loan servicers to hold the banks accountable for their actions and to provide relief to distressed homeowners.  It is our goal to […]

July 18, 2012

Daily Housing News Round-Up

The Wall Street Journal prints FHA Expands Bulk Home Loan Sale Program. “Housing starts in June highest in four years,” USA Today. CNN Money reports More Signs of a Housing Rebound. Reuters gives advice on “designing your own mortgage.” The Sacramento Bee publishes VA Expands Grants to Tackle Veteran Homelessness. And, Honolulu Civil Beat writes […]

July 3, 2012

Putting the Fire Out

If a fire started in your home, wouldn’t you hope your local fire department would do everything it could to put those flames out?  Imagine suggesting that that better approach might be to allow the fire to burn itself out.  Now imagine if that same do-nothing approach were to be applied to our nation’s housing […]

April 25, 2012

Providing Immediate, Direct Relief for Struggling Homeowners

In February, the Obama Administration joined a bipartisan coalition of 49 state attorneys general to strike a $25 billion settlement with the nation’s five largest mortgage servicers.  The settlement was a historic step forward to help struggling homeowners and hold banks accountable – and already, families are starting to see results. As CNNMoney reported this […]