Servicers Not Doing Enough for Troubled Borrowers, Consumer Group Says

Less sickness in housing as delinquencies fall 43% from peak Freddie Mac and Florida foreclosure law firm part ways Altos predicts a ‘catfish recovery’ for housing market housing price predictions: When Will Prices rise? steve cook, Real Estate Economy Watch In 2006, the experts said housing prices would never fall. They were wrong. In 2009, they said prices had bottomed out and things would be getting better. They were wrong again. Now, they say that the recovery will finally come in 2012.Consumer confidence stabilizes after a series of declines Webinars Up one level Place all webinars in this folder. Fire, Smoke, and air quality participate in this webinar to better understand agricultural and forestry fires and their impacts on air quality, as well as ways to manage emissions from these fires.Community lenders baffled to see major trade groups push Wall Street agenda  · ACA International is one of the largest credit and collection industry trade groups and it maintains a code of ethics that prohibits this kind of behavior. And ethical debt collectors are necessary. According to a study cited by the company, the collection industry saved the average american household 1 in 2005."I make no predictions"? Then why is the title of your article, "Property Values Set to Fall 43% From Current Depressed Level"? If you look at a broader, inflation adjusted trend, you’ll see that inflation adjusted housing prices are now edging close to their 40 year trend line.

The National Mortgage Settlement’s relief is not reaching enough Maryland homeowners and is not as effective as it could be in keeping people in their homes, the Maryland Consumer Rights.

The Consumer financial protection bureau (cfpb) today sued one of the country’s largest nonbank mortgage loan servicers, Ocwen Financial Corporation, and its subsidiaries for failing borrowers.

Consumer groups like the Consumer Federation of America (CFA) say Mulvaney aims to dismantle a unit that returned more than $750 million to student loan borrowers victimized by predatory practices.

"It is concerning that Sallie Mae has such a disproportionately low number of borrowers utilizing the Income-Based Repayment program," said Persis Yu, a staff attorney at the National Consumer Law Center. "Unfortunately, we do not have a lot of data about Sallie Mae or other servicers’ performance."

Mortgage Servicing Rules - Small Servicers: Introduction The private student lenders say their proposal to regulators would be beneficial for both banks and borrowers. But consumer advocates do not sound convinced, at least not yet. They are reluctant to speak on the record, saying that they’re still educating themselves on the relevant issues.

Written By Geoffry Walsh Staff Attorney National Consumer Law Center, Geoff Walsh has been a legal services attorney for over twenty-five. of foreclosure mediation programs and continue to do so..

CFPB and U.S. Departments of Education and Treasury Issue Framework for Servicing Reforms, Bureau Prioritizes Stamping Out Illegal Actions WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a report outlining widespread servicing failures reported by both federal and private student loan borrowers.

New Bailout May Tip Scales At $1 Trillion.. a consumer group in Washington that’s pressing the administration to buy up distressed loans in bulk and modify them so borrowers stay in their homes.

It is certainly conceivable that in the not-too-distant future, borrowers will demand to have a choice and a say in which company services their loan. For Generation X, the need for more control will be the driver. Generation Y will look to have their loans serviced by a familiar consumer group, such as their current bank.

Shadow inventory declines to five-month supply: CoreLogic FHFA launches pilot reo property sales  · The FHFA launched the pilot program in late February, and in the second quarter, bids were solicited from qualified investors to [.] C.A.R. Calls for Transparency in FHFA Bulk Sales Pilot. in Foreclosure, 2012"" would prevent FHFA from implement the sale of Fannie Mae REO properties in California to institutional investors.Santa Ana-based data giant CoreLogic reported. October’s shadow inventory of 1.6 million homes decreased 16% from 1.9 million units in October 2010. October’s shadow inventory amounts to sells $65 million in commercial assets Report: Alt-A Delinquency Rate Nearing 18 Percent Financing is readily available for buyers since The peninsula received fnma approval earlier this year. The guidelines require that communities are at least 70 percent closed with no more than 30 percent investor concentration and no more than 15 percent delinquencies on dues or assessments. The Peninsula has a low, one percent delinquency rate.Heathley Asset Management sells $65m portfolio to rebalance for health focus – Heathley Asset Management is selling a portfolio of office and industrial properties in Queensland and Victoria for $65 million. said the sale plans aligned with the company’s strategy. One of the.

The cable television industry is raising rates so much that consumers will soon pay through the nose for basic services, consumer groups warned Wednesday as they urged Congress to step in and.

FHA to raise insurance premiums in April removal of the exemption from the annual MIP for loans with terms of 15. years or less and LTVs of less than or equal to 78 percent at origination; increase in the annual MIP for mortgages with terms less than or equal to. 15 years and LTV ratios less than or equal to 78 percent at origination.SPEED: Fannie Mae will directly approve short sales Michigan-based Realcomp II, a multiple-listing service and data provider for half of the state, will participate in a Fannie Mae program to speed up stalled short sales. realcomp II collaborated.