Bank of America to Resume Foreclosures; Administration Says Nationwide Halt Would Be Harmful
October 19, 2010 in Banking Report · Leave a Comment
The Obama administration again ruled out a nationwide moratorium on foreclosures Oct. 18 as the nation’s largest mortgage servicer…
Bearish Real Estate Loan Climate Creates Bull Market for New Breed of Receivers
June 8, 2010 in Banking Report · Leave a Comment
A growing and—as it happens—beneficial trend in the topsy-turvy distressed property market is the now common choice by lenders or special servicers to work out failing loans through…
2010 OUTLOOK — MORTGAGES: Changes to Home Affordable Modification Program, Government-Sponsored Enterprise Plan Expected as Housing Woes Continue
January 27, 2010 in Banking Report · Leave a Comment
With mortgage delinquencies and foreclosures showing no signs of abating in 2010, housing policy experts and the mortgage industry are closely watching the…
