Goverment mortgage plan aids 16 percent of borrowers (Lansing State Journal) WASHINGTON The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, and hundreds of thousands of homeowners are in limbo without an answer. The Treasury Department says that as of last month, about 170,000 homeowners had completed the application process and had their loan payments reduced permanently. That compares ...

Obama's Mortgage Plan Helps 16% of Borrowers (KATC 3 Lafayette)       WASHINGTON (AP) - The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, and hundreds of thousands of homeowners are in limbo without an answer.       The Treasury Department says that as of last month, about 170,000 homeowners had completed the application process and had their loan payments reduced ...

Goverment mortgage plan aids 16 percent of borrowers (Eaton Rapids Community News) WASHINGTON — The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, and hundreds of thousands of homeowners are in limbo without an answer.

Owner of Legacy Lending pleads guilty in $20 million mortgage scam (Osseo-Maple Grove Press) On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.

Government mortgage plan aids 16% of borrowers (USA Today) The Obama administration's mortgage relief plan has helped only about 16% of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo.

Does a period of unemployment affect a mortgage application? (Guardian Unlimited) In August last year my partner lost his job, but was successful in November at securing another one. How is this likely to affect our chances of securing a mortgage? Despite being first-time buyers we have managed to pull a decent-sized deposit together, but the recent unemployment status of my partner could add a new risk element. SH A If your partner is still in a trial period with his new ...

New mortgage form delivers mixed message (San Jose Mercury News) Designed by the U.S. Department of Housing and Urban Development to help borrowers better understand the terms of their mortgage loans, the new three-page form has been a required part of the mortgage application process since Jan. 1.

Mortgage relief still elusive for millions (The Tennessean) WASHINGTON - Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration's foreclosure prevention program.

Feds' mortgage relief aids 16% of borrowers (The Oregonian) As of last month, about 170,000 homeowners had completed the application process and had their loan payments reduced permanently, the Treasury Department says.

Gov't mortgage plan aids 16 percent of borrowers (Bay News 9 Tampa Bay) Obama mortgage plan provides assistance to nearly 16 percent of borrowers who signed up