The Pennsylvania Homeowners Emergency Mortgage Assistance Program was established in 1984, long before the recent mortgage crisis. The program gives bridge loans to people who have recently lost their jobs. And a recent study from the New York Fed says the Pennsylvania law works far better than the $30 billion national program set up in 2009 called the Home Affordable Modification Program, which ...

Borrowers who participate in mortgage education programs seem to be more successful in avoiding default or obtaining loan modifications, according to a new study from the Mortgage Bankers

Borrowers who participate in mortgage education programs seem to be more successful in avoiding default or obtaining loan modifications, according to a new study from the Mortgage Bankers

The latest data on the federal home loan modification program is likely to draw more jeers than cheers. The plan known as HAMP makes many of metro Phoenix homeowners angrier than their most recent property valuations. As of February, 22,209 Phoenix-area homeowners have received permanent loan modifications through HAMP. Those are the total results of a program launched two years ago. Six month ...

The Minnesota Home Ownership Center and mortgage lender Fannie Mae announced this morning a unique partnership to dramatically improve response times for struggling homeowners seeking loan modifications.