Tag Archives: HAMP

The Shortcomings of the $25-Billion Foreclosure Settlement

Posted on March 11, 2012 by lilynyland

There is a very good article in the Los Angeles Times on Wednesday, March 7, 2012, by Michael Hiltzik following-up on the $25-billion foreclosure settlement. Nearly one month after Washington unveiled the deal on Feb. 9, the specific terms of … Continue reading →

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President Obama’s Plan to Help Responsible Homeowners

Posted on February 8, 2012 by lilynyland

In his State of the Union address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Key aspects of the president’s plan include: Broad-based refinancing: The president’s plan will provide borrowers who are … Continue reading →

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Advantages of the HAFA Process

Posted on January 8, 2012 by lilynyland

According to market research firm CoreLogic, nearly 11 million of properties nationwide had negative equity at the end of the second quarter of 2011.  Another 2.4 million homeowners had less than 5% equity.  As of November 2011, 30.2% of homes … Continue reading →

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