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Industry Insiders: Rough Road Ahead for Obama Refi Proposal

...proposal. With the Congressional Budget Office (CBO) ""estimating"":https://themreport.com/articles/cbo-fields-winners-losers-in-obama-refinance-bill-2011-09-08 that some 2.9 million homeowners could refinance their mortgages at current rates, industry veterans and analysts offered up alternatives and forecasts for...

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CBO Fields Winners, Losers in Obama Refinance Program

Speaking before a joint session of Congress Thursday evening, ""President Barack Obama"":http://www.whitehouse.gov/administration/president-obama unveiled a $447 billion jobs bill - and plans to allow millions of eligible homeowners to refinance their...

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Freddie, HUD Offer a Hand to Irene Victims

...of federal relief will allow qualifying homeowners in distress to gain reprieve from late fees and penalties likely to result from delayed mortgage payments, avoid foreclosure and eviction from their...

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FHFA Sues 17 Companies Over MBS Losses

...$20 billion, with much of it intended to help homeowners in distress with their mortgages, according to the _New York Times_. The newspaper also cited a $10-billion suit underway with...

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Appraisers Get New Standards

...recently revised their appraisal guidelines to streamline a sometimes unclear process, but some warn of the potential for fallout among appraisers, realtors, and homeowners unfamiliar with the new standards. [IMAGE]...

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