Short sales become foreclosure alternative | Philadelphia Inquirer | 03/10/2010 - Philadelphia Inquirer

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BigNews.biz (press release)

Short sales become foreclosure alternative | Philadelphia Inquirer | 03/10/2010
Philadelphia Inquirer
... days after the borrower either is ruled ineligible for mortgage modification under HAMP or has been ruled unable to sustain payments under a trial plan. ...
Making Home Affordable offers hope, frustration C&G Newspapers

Obama Foreclosure-Prevention Plan Lagging, New Data Shows (EXCLUSIVE) Huffington Post (blog)
Should JP Morgan Modify Underwater Mortgages Or Look To Short Sell Homes? Red, White, and Blue Press (blog)
BigNews.biz (press release)  - San Francisco Chronicle  - Culpeper Star Exponent
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Modifications coming to the Home Affordable Modification Plan - WalletPop (blog)

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The Guardian

Modifications coming to the Home Affordable Modification Plan
WalletPop (blog)
With nearly 25% of all mortgage holders in the US underwater – meaning they owe more on their house than it's currently worth – it's no wonder that a new ...
Should JP Morgan Modify Underwater Mortgages Or Look To Short Sell Homes? Red, White, and Blue Press (blog)

Mortgage Applications are UP, but Refinancing Down to 67.2% HULIQ
Obama Refinance Plan – Mortgage Help and Relief from Making Home Affordable Subprime Blogger (blog)
UPI.com  - Housing Wire  - Red, White, and Blue Press (blog)
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Mortgage Relief Following ABC News Report (ABC News)

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For homeowners who let insurance lapse, banks force more expensive policies.

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Phone companies top Oregon consumer complaint list - BusinessWeek

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KATU

Phone companies top Oregon consumer complaint list
BusinessWeek
He noted the 2008 Oregon Mortgage Rescue Fraud Protection Act prohibits loan modification companies from collecting advance fees or using confusing contract ...
New: Search Oregon consumer complaints online KTVZ

AG: Health care most common consumer complaint WRAL.com

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Mortgage Modifications Create Cash for Agency MBS Reinvestments - Housing Wire

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Opposing Views

Mortgage Modifications Create Cash for Agency MBS Reinvestments
Housing Wire
Several factors support the system, beginning with the GSEs' push to implement the administration's Home Affordable Modification Program (HAMP). ...
Fannie Mae Aids Borrowers With Help Centers MainStreet

The Dark Side of Home Subsidies New York Times
Investor Uncertainty Surrounds GSE Debt as Frank Sounds Second Lien Alarm Housing Wire

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