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Treasury to Announce New Program to Avoid Foreclosure
Treasury to Announce New Program to Avoid Foreclosure
The United States Department of the Treasury is launching, with an official announcement expected next week, a new program to help ailing borrowers escape foreclosure. The Chief of the Homeowner Preservation Office at the Treasury, Laurie Maggiano, released information on the Home Affordable ...
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JPMorgan Proposes More 'Extend and Pretend' for Mortgage Modifications
Calculated Risk — ... The article also quotes Maggiano on the short sale initiative that should be announced next week. Housing Wire has more: Treasury to Announce New Program to Avoid Foreclosure ...

Uncle Sam’s New Mousetrap To Stem Foreclosures
Daily Markets — ... Thanks to our friends at 12th Street Capital, we learn today that Treasury will release a new plan next week to stem the wave of foreclosures. How might this work? Let’s navigate a release which came from the Mortgage Banker’s Association convention currently ongoing in San Diego. Housing Wire reports, Treasury to Announce New Program to Avoid Foreclosure : The United States Department of the Treasury is launching, with an official announcement expected next week, a new program to help ailing borrowers escape foreclosure. The Chief of the Homeowner Preservation Office at ...

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