Fannie, Freddie Should Relax Loan-Modification Rules, FHFA Says
Bloomberg
24 (Bloomberg) — Fannie Mae and Freddie Mac need to relax rules for a loan-modification program that promised to cut mortgage interest rates and lengthen terms for troubled borrowers, the chief economist for the companies’ regulator said. …
Jumbo Loans Get Supersized — Again Washington Post
Lenders see holes in Obama refi plan Inman.com
Common sense missing in Obama bailout The Miami Herald
Finance and Commerce - Bloomberg
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FHA Eyes Regulatory Changes To Aid Homeowners
CNNMoney.com
The Department of Housing and Urban Development is also requesting authority to allow the FHA to buy down balances of troubled mortgage loans, HUD Director for Single Family Asset Management Vance T. Morris told the panel. The remarks reveal fresh …
Congress Looks at Mortgage Modification Plans FOXBusiness
An A For Effort on the Housing Plan Cornell University The Cornell Daily Sun
FHA Refinance Specialist Residential Finance Corp. Explains How … Business Wire (press release)
US Banker - EasyBourse.com
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Geithner Bad Bank Alternative May Rely on Loans to Hedge Funds
Bloomberg
… backed by credit card, auto and small-business loans. The TATL fund would provide financing for so-called legacy assets, such as mortgage-backed and other collateralized securities that are declining in value and corroding bank balance sheets. …
Relying on ‘good banks’ Livemint
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FAQ: Who Qualifies for Housing Bailout?
Wall Street Journal Blogs, NY
Lenders participate on a voluntary basis, but the government is providing subsidies to encourage lenders and servicers to modify loans. Mortgage servicers, for example, receive $1000 upfront for each loan modification and can receive an additional …
Video: Federal Foreclosure Fix CBS
Fix the financial crisis - for free San Francisco Chronicle
Comment by Mike Larson Real Estate Analyst with Weiss Research
Business Wire (press release)
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Another bid to escape mortgage meltdown
MSNBC
And she noted some investors have threatened lawsuits if mortgage companies undercut the value of existing loans. The new program creates economic incentives for lenders who agree to rewrite mortgages and reduce payments to 38 percent of the borrowers' …
Video: Federal Foreclosure Fix CBS
FAQ: Who Qualifies for Housing Bailout? Wall Street Journal Blogs
Comment by Mike Larson Real Estate Analyst with Weiss Research
Deseret News
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Rick Santelli: Critic or PR Man?
Seeking Alpha, NY
The largest mortgage writers and packagers have already been forced to pay reimbursements for deceptive loan practices and selling fraudulent loans. Mortgage packagers and reluctant customers have indicated that bond insurance claims on private-label …
Rick Santelli on his CNBC mortgage rant: 'We really, really tapped … Chicago Tribune
CNBC's Rick Santelli stands up to Robert Gibbs VIDEO Monsters and Critics.com
recovery plan stimulates whining Los Angeles Times
MLive.com - Zacks.com
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The Mortgage Professor In a Bust, a Refinancing Boom
Washington Post, United States
If a borrower has equity of less than 20 percent — meaning that the loan balance exceeds 80 percent of property value — he will pay a mortgage insurance premium. This can make refinancing a loser for borrowers whose recently purchased homes have …
US GOVTS: Treasury Mortgage Plan Eliminates Mortgage Insurance Forbes
Mortgage Plan Effect May Be Limited, Analysts Say Bloomberg
Questions Dog GSE Refinance Initiative Housing Wire
PR Newswire (press release) - EasyBourse.com
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FAQ: Who Qualifies for Housing Bailout?
Wall Street Journal Blogs, NY
Lenders participate on a voluntary basis, but the government is providing subsidies to encourage lenders and servicers to modify loans. Mortgage servicers, for example, receive $1000 upfront for each loan modification and can receive an additional …
Video: Federal Foreclosure Fix CBS
A helping hand steadies the housing market for all Seattle Times
Comment by Mike Larson Real Estate Analyst with Weiss Research
Washington Post
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Bay Area may be in too deep for mortgage relief
San Jose Mercury News,  USA
Homeowners who qualify could be eligible for a lower mortgage rate or a new loan backed by Fannie Mae or Freddie Mac. The White House wants a $75 billion fund to underpin the efforts. "The president's plan is disappointing," said Sean O'Toole, …
Video: Federal Foreclosure Fix CBS
Homeowners anxious for details Boston Globe
Comment by Mike Larson Real Estate Analyst with Weiss Research
MarketWatch
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FAQ: Who Qualifies for Housing Bailout?
Wall Street Journal Blogs, NY
Lenders participate on a voluntary basis, but the government is providing subsidies to encourage lenders and servicers to modify loans. Mortgage servicers, for example, receive $1000 upfront for each loan modification and can receive an additional …
Mortgage Rescue Eligibility Still Being Finalized Washington Post
US GOVTS: Treasury Mortgage Plan Eliminates Mortgage Insurance Forbes
Fannie Mae Rescue Hindered as Asians Seek Guarantee Bloomberg
MSNBC - San Jose Mercury News
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