A recent article by the Huffington Post’s Peter Goodman showed how one homeowner from the Bronx has continued to struggle to save her home because of the outrageous treatment she’s received at the hands of the bank that services her loan. Reporting with painstaking detail the obstacles Bank of America has thrown up as Katie [...]
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On February 9, the Department of Justice, the U.S. Department of Housing and Urban Development, other federal agencies, and 49 state attorneys general announced the largest federal and state settlement agreement in history with the five major mortgage servicers for their mortgage servicing practices. This $25 billion agreement is the most significant action to hold [...]
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Tiffany Thomas-Smith is Deputy Press Secretary at HUD; Andrea Risotto is Spokeswoman for the Making Home Affordable Program at the Treasury Department Today, the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD) issued the July Housing Scorecard and monthly Making Home Affordable Program Performance Report. Included in the [...]
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