Loan Modification Compliance

FTC, CFPB target loan modification scams

Daily News Feed | July 28, 2014

Mortgage Professional America – By Ryan Smith The Federal Trade Commission and the Consumer Financial Protection Bureau are targeting mortgage relief companies they say are preying on distressed homeowners by offering fraudulent…

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Loan Modifications Fall in October

Daily News Feed | January 5, 2014

Loan Rate Update News More homeowners received HAMP loan modifications in October but a larger decrease in proprietary loan modifications lead to an overall decline according to HOPE NOW, the voluntary, private…

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Proprietary Modifications Dwarf HAMP Mods

Daily News Feed | November 20, 2013

Mortgage News Daily – By Jann Swanson Proprietary loan modifications continue to run at about three times the volume of modifications done through the Home Affordable Modification Program (HAMP) according to recent…

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Loan Modification Completions Higher in August

Daily News Feed | October 24, 2013

Loan Rate Update News The number of completed proprietary loan modifications fell in August but total modifications were up due to a hefty increase in completed government loan modifications according to HOPE…

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Loan Modifications Up Slightly July

Daily News Feed | October 9, 2013

Loan Rate Update News Total loan modifications for the month of July were up slightly from June with an increase in proprietary modifications outweighing a decline in government loan modifications according to…

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