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Mortgage Flaws

“The disarray stemming from flawed foreclosure documents could threaten major banks with billions of dollars in losses, deepen the disruption in the housing market and hurt the government’s effort to keep people in their homes, according to a new report from a congressional watchdog . . . ” Read the AP article.

Does Q1222-01 Require Your Lender To Modify?

Q1222-01 of the Supplemental Documentation – Frequently Asked Questions under the HAMP program raises an interesting question. It speaks in terms of mandatory requirements for servicers to offer permanent mods after a borrower meets certain requirements.

Mortgage Flaws

“The disarray stemming from flawed foreclosure documents could threaten major banks with billions of dollars in losses, deepen the disruption in the housing market and hurt the government’s effort to keep people in their homes, according to a new report from a congressional watchdog . . . ” Read the AP article.

Does Q1222-01 Require Your Lender To Modify?

Q1222-01 of the Supplemental Documentation – Frequently Asked Questions under the HAMP program raises an interesting question. It speaks in terms of mandatory requirements for servicers to offer permanent mods after a borrower meets certain requirements.