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  • HAMP Extension: A Win for Jobless Homeowners
  • New rules released this week by the Department of Housing and Urban Development give unemployed Americans a big extension on forbearance payments. The extension – nine months’ worth – may be enough time for Americans to save their homes. At least that’s what Uncle Sam hopes.

     

  • Credit Unions Facing Tighter Regulations on Loan Mods
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    The National Credit Union Administration is proposing new rules for troubled debt restructurings that will cover how all federally insured credit unions account for delinquencies, charge-offs, and income related to troubled home mortgages.