What’s good for Geithner is good for Loan Modifications

Monday, October 12th, 2009

The old saying went something like this: What's good for General Motors is good for America. With the GM debacle I'm not sure how that applies. But I know when Treasury Secretary Timothy Geithner is happy, America is happy. Right now he is singing praises about the loan modification results ...

Loan Modifications Extended

Monday, August 24th, 2009

Loan Modifications have been extended by The Treasury Department for over 400,000 people it was announced today. More than 230,000 trial modifications have begun through the Making Home Affordable Program. In the next three years they are now estimating 3-5 millions homeowners could be assisted in total. The goal; avoid ...

Homeowners are frustrated by Loan Modifications Inefficiency

Monday, July 6th, 2009

The Huffington Post has an interesting article on the some of the problems of Obama's Homeowners bail out plan that incorporates Loan modifications . The biggest issues had to do with the difficulty it is to navigate through the loan modification process. Lost paperwork and miscommunications are among the complaints.  The ...