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Freddie Offers New Loan Mod Option

by countyproperties | Sep 17, 2011 | Latest News, loan modification, San Diego Real Estate, Short Sales

Financially distressed homeowners with Freddie Mac mortgages will have a new option for loan modifications beginning next month. The new option, called a Standard Modification, is designed for borrowers who are ineligible for a Home Affordable Modification Program...

FTC stops bogus mortgage loan-modification business

by countyproperties | Jul 8, 2011 | Finance, Latest News, loan modification, Sellers, Short Sales

Under a settlement with the Federal Trade Commission, a federal court banned three men and their company from the mortgage modification business and ordered them to pay nearly $19 million for consumer refunds. The defendants allegedly deceived distressed homeowners...

New Homeowner Home Price Decline Protection incentives

by countyproperties | Aug 15, 2009 | Riverside foreclosure news, San Diego Foreclosure news

As part of an ongoing effort to expand relief to struggling homeowners, the U.S. Dept. of  the Treasury has released the Supplemental Directive for its Home Price Decline Protection (HPDP) program, a component of the Home Affordable Modification Program (HAMP)....

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