Today, July 6, 2011, Supplemental Directive (SD) 11-06: Making Home Affordable (MHA) Program - Updates to Servicer Incentives was issued providing updated policy guidance related to servicer compensation for completed permanent modifications under the Home Affordable Modification Program (HAMP).
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07/06/2011
President Obama’s HAMP program was designed to help 3 to 4 million homeowners facing foreclosure and was backed by $30 billion in federal funds. So far, HAMP has spent only $1.2 billion and helped only 670,000 homeowners, a far cry from it’s intended reach. Bill Whitaker of CBS News took to th
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06/21/2011
How much impact does a short sale have on FICO® Scores? How about a foreclosure? Since I frequently hear these questions from clients and others, I thought I’d share new FICO research that sheds light on this very subject.The FICO study simulated various types of mortgage delinquencies on three r
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06/21/2011
At REMCO ONLINE, we want you to know that you are not alone and that we can help. The following is a summary of the process, from beginning to a successful end! Overview: Please note, if you or someone you know are experiencing a financial hardship and are currently unable to make your mort
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06/21/2011
At REMCO ONLINE, we want you to know that you are not alone and that we can help. The following is a summary of the process, from beginning to a successful end! Overview: Please note, if you or someone you know are experiencing a financial hardship and are currently unable to make your mortg
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06/21/2011