Relevant:
- New Fed Governor Sarah Bloom Raskin Gives Me Reason to Hope
- DebtX to Sell $411m of HUD and Non-Performing Loans
- Mortgage Aid Program Continues to Move Slowly, As Homeowners Try to Hang On
- PennyMac Reports $1.3m Net Income, Plans Q2 Securitization
- Loan Modifications: Selling Loans Means Being Sold Down the River
2010-01-28 — newstimes.com
"Seeing hundreds of thousands of frustrated homeowners who still can't get a principal modification to their over-leveraged mortage loan, the Obama administration appears to be turning to a cash incentive to pay mortgage servicers on the non-performing loans they can turn into performing."
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