Articles in the Federal modification loan Category
Gutierrez: Banning Payday Loans "Not Possible" – Progress Illinois
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Gutierrez: Banning Payday Loans "Not Possible"
Progress Illinois, IL Luis Gutierrez chaired a hearing last Thursday on the Payday Loan Reform Act of 2009 (HR 1214), a bill he introduced in February to mixed reviews from consumer advocates. One of them, Jean Ann Fox of the Consumer Federation of America, was the first … |
Bank's loan modification option not helpful – MiamiHerald.com
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Bank's loan modification option not helpful
MiamiHerald.com, FL We have a home equity line of credit with Bank of America and asked it for a loan modification. Our fixed rate is 7.69 percent but the bank offered us an adjustable rate of 3.99 percent. We can't accept that; we must know what we have to pay. … |
US mortgage problems increasing – San Francisco Chronicle
 ABC News |
US mortgage problems increasing
San Francisco Chronicle, USA Loan modification – changing mortgage payments to help borrowers keep their homes – is a cornerstone of efforts to prevent foreclosures. Previously, the comptroller reported that more than half of modified loans ended up delinquent again within months. … Report: Loan Modifications To Date Haven't Been That Effective The Consumerist Mortgage aid often failed to curb defaults Los Angeles Times Study Buoys Mortgage Modification Wall Street Journal Washington Post - The Associated Press all 271 news articles |
'Responsible Lenders' Fail at Basic Math – Consumer Freedom
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'Responsible Lenders' Fail at Basic Math
Consumer Freedom, DC Study after study has found that banning payday loans forces consumers into costlier financial options like bounced checks, overdraft fees, and bankruptcy filings, costing them millions of dollars per year. Their latest report, titled “Predatory … Regulation of lending industry more critical than ever Buffalo News all 12 news articles |
High Redefault Rates: Obama's Loan Modification Nightmare – U.S. News & World Report
 U.S. News & World Report |
High Redefault Rates: Obama's Loan Modification Nightmare
U.S. News & World Report, DC The practice–known as "loan modifications"–is a controversial one; especially after a top federal banking regulator produced data last December showing that more than 50 percent of loans that were modified in the first quarter of 2008 had gone bad … Statement by Faith Schwartz, Executive Director of the HOPE NOW … International Business Times all 17 news articles |
Homeowners starting to see mortgage relief
There are signs that the $75 billion federal housing program announced in February is beginning to help some Valley homeowners.
THE INFLUENCE GAME: Payday lenders thwart limits – The Associated Press
 The Associated Press |
THE INFLUENCE GAME: Payday lenders thwart limits
The Associated Press WASHINGTON (AP) — The payday loan industry, threatened by Congress with extinction, has deployed well-connected lobbyists and hefty sums of campaign cash to key lawmakers to save itself. The strategy has paid off. Now a top Democrat who once tried to … Payday lenders thwart limits | KXNet.com North Dakota News Payday Loan Reform Act Fast-tracked in House Payday Loan Reform Act Must Be Strengthened |
