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Tag Archives: Election Year
Higher Mortgage Rates May Hamper Obama’s Housing Plan
With disappointing results from his foreclosure rescue program and an election year on the horizon, President Obama last fall set his sights on refinancing, specifically helping borrowers who owe far more on their mortgages than their homes are currently worth. … Continue reading
Posted in Denver Real Estate News
Tagged Application Report, Borrowers, Brinkmann, Driving Force, Economic Stimulus, Economy Mortgage, Election Year, Foreclosure, Home Equity Rates, Mba, Mortgage Application, Mortgage Delinquencies, Mortgage Rates, Pockets, Rate Increase, Record Lows, Refinances, Refis, Senior Vice President, Weekly Mortgage
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‘Robo’ Foreclosure Settlement Turns Political
For over a year now, state attorneys general have been negotiating some kind of settlement deal with the nations four largest lenders, as well as several smaller ones. The settlement pertains to faulty foreclosure processing, first uncovered in October of … Continue reading
Posted in Denver Real Estate News
Tagged Borrowers, Cash Settlement, Donovan, Election Year, Foreclosure, Guggenheim Partners, Housing And Urban Development, Immunity, Lawsuits, Lenders, Mayors, Principal Reduction, Refinancing, Secretary Of Housing And Urban Development, Settlement Deal, Small Portion, State Attorneys, State Of The Union, State Of The Union Address, Umpteen
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