Archive for the ‘Mortgage Modification’ Category
Wednesday, February 8th, 2012
LOS ANGELES--(BUSINESS WIRE)-- Wells Fargo Company (NYSE: WFC - News ) is hosting a free Home Preservation Workshop in the Inland Empire for Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity customers facing financial hardships.Wells Fargo has invited more than 16,000 mortgage customers ...
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Wednesday, February 8th, 2012
The Federal Reserve Bank of New York Agency Mortgage-Backed Securities Purchase Program came out with their figures which surprised some. Purchases actually shrank slightly, and they were the lowest gross and net since January. And gee, if the Fed isn't going to buy our mortgages, who is? Of the securities ...
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Tuesday, February 7th, 2012
Last Wednesday, February 1, President Obama announced the details of a plan to help homeowners refinance their mortgages in hopes of bolstering the housing market.According to the U.S. Department of Housing and Urban Development, this proposal will allow buyers to save an average of $3,000 a year by refinancing ...
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Monday, February 6th, 2012
(MCT)"Foreclosure commonly represents the end of a struggle. A borrower can't pay a mortgage, loses a home and moves on.But Karen Mena, a 38-year-old county worker, never gave up. Mena fought even after her San Bernardino, Calif., home was no longer hers. And she won the three-bedroom house back"at ...
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Saturday, February 4th, 2012
RICHMOND, Va., Feb. 2, 2012 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW - News ) today reported results for the fourth quarter of 2011. The company reported net income(1)of $107 million, or $0.22 per diluted share, compared with a net loss of $161 million, or $0.33 per diluted share, in ...
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Saturday, February 4th, 2012
By ( contact )Friday, Feb. 3, 2012 2 a.m.The four remaining Republican presidential candidates have lept at every opportunity to distinguish themselves from one another on most economic issues, trading jabs on jobs plans, tax plans and health care plans as they've made their way through Nevada.But when ...
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Friday, February 3rd, 2012
Though the heavy lifting has been done in negotiations between government officials and lending institutions over the last year, the proposal by U.S. Rep. Rosa DeLauro , D-3, to put into law negotiated terms that would protect financially pressed homeowners is a good one.DeLauro's bill would set in legal stone ...
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Thursday, February 2nd, 2012
PEACE DALE - Tammy Miller recently shared her knowledge of scamsand fraud during a program at the South Kingstown publiclibrary.Miller is the director of the Consumer Protection Unit of theRhode Island Office of the Attorney General. She often givesprograms such as the one at the South Kingstown Public Library tohelp ...
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Thursday, February 2nd, 2012
President Barack Obama proposed a plan aimed at helping millions of homeowners refinance their mortgages to today's historically-low rates. To pay for it though, he'll need $5 billion to $10 billion.The plan would allow borrowers who are current on their mortgage to save thousands of dollars by refinancing into ...
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Thursday, February 2nd, 2012
SACRAMENTO, Calif.--(BUSINESS WIRE)-- Wells Fargo Company (NYSE: WFC - News ) is hosting a free Home Preservation Workshop in Sacramento for Wells Fargo Home Mortgage , Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity customers facing financial hardships.Wells Fargo has invited more than 11,000 mortgage customers in ...
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