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	<title>Loan Modification News</title>
	<link>http://www.loanmodificationoutlet.com/blog</link>
	<description>Loan Modification, Federal Loan Modifications, Loan Workouts &#38; Lender Negotiations for Homeowners Late on Their Mortgage.</description>
	<lastBuildDate>Thu, 26 Aug 2010 15:26:06 +0000</lastBuildDate>
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		<title>Chase Loan Modification Plans Near 1 Million</title>
		<description><![CDATA[Chase has offered more than 900,000 mortgage modifications to struggling homeowners since the beginning of 2009 through a wide range of government and Chase initiatives to address the housing crisis.  &#8220;We have worked directly with homeowners as the economy has hit them far deeper and for far longer than they expected,&#8221; said Charlie Scharf, head [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/08/26/chase-loan-modification-plans-near-1-million/</link>
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		<title>Government Loan Modification Program Update</title>
		<description><![CDATA[Loan modification programs have been helping some homeowners avoid foreclosure, but not everyone is getting mortgage relief from the government.  Many homeowners are tired of being turned down for refinancing and the government modifications do offer new opportunities for payment relief.  Nearly half of the 1.3 million homeowners who enrolled in the Obama mortgage relief [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/08/26/government-loan-modification-program-update/</link>
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		<title>20 Percent of U.S. Mortgage Loans Underwater</title>
		<description><![CDATA[When a real estate professional says a home is under-water, they are referring to mortgage that is greater than the home’s value.  Americans continue to struggle to make their mortgage payments on time and many homeowners have discovered that their property’s value has declined so significantly that their mortgage loans are under-water.   Under-Water Home [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/08/09/20-percent-of-u-s-mortgage-loans-underwater/</link>
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		<title>1st and 2nd Loan Modification Highs and Lows</title>
		<description><![CDATA[Homeowners continue to report struggles with the loan modification process and with so much mortgage relief talk around the nation many consumers want to know what is going on.  According to former Ditech.com executive, Jeff Morris, &#8220;Many homeowners simply do not have enough income to justify the lenders extending a loan modification.&#8221;  Morris continued, &#8220;If a [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/08/09/1st-and-2nd-loan-modification-highs-and-lows/</link>
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		<title>Mortgage Reform with Loan Modification Licensing</title>
		<description><![CDATA[The U.S. government has been working frantically to pass mortgage reform that would require loan modification licensing.  The U.S. Department of Housing and Urban Development, which oversees compliance with the SAFE Act, has proposed that employees handling loan modifications for struggling homeowners also meet the licensing requirements, a policy opposed by banks.  John Courson, CEO [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/07/21/mortgage-reform-with-loan-modification-licensing/</link>
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		<title>Nevada Loan Modification Laws Helping Homeowners</title>
		<description><![CDATA[Like California and Arizona, Nevada has been hit by the worst home foreclosure crisis of the last century.  Mortgage relief and Nevada loan modification agreements have been a big topic amongst the mortgage industry, banks and politicians.  The state of Nevada recently passed a law called the mortgage loan modification law.  A loan modification plan [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/07/13/nevada-loan-modification-laws-helping-homeowners/</link>
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		<title>No Hope for Homeowners as Many Fail to Qualify for Loan Modification Plans</title>
		<description><![CDATA[Borrowers across the nation continue to fall behind on their home loan payments. Many have contacted their mortgage lenders in an effort to renegotiate mortgage rates.  Many borrowers have been offered loan modification agreements and forbearances. Clearly the process of modifying their mortgage has made most homeowners become weary. What else could you call it [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/07/12/no-hope-for-homeowners-as-many-fail-to-qualify-for-loan-modification-plans/</link>
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		<title>Second Mortgage Lien Stripping and Modifications</title>
		<description><![CDATA[A few of the major home lenders in the Making Home Affordable Program have begun to work with 2nd lien holders in an effort to modify and restructure their delinquent mortgage.  Clearly the goal is to offer a second mortgage modification program that makes their loan payments more affordable. Successfully achieving a principal reduction or negotiating [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/07/01/second-mortgage-lien-stripping-and-modifications/</link>
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		<title>Federal Loan Modification Update</title>
		<description><![CDATA[The latest Home Affordable Modification Program statistics were announced Monday in a report used to measure the success of federal loan modification programs. The HAMP report indicated that slightly more than 10% of eligible borrowers received a loan modification that became permanent. Yet only one in three homeowners who started in the trial program has [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/06/23/federal-loan-modification-update/</link>
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		<title>Gulf Coast Borrowers Offered Mortgage Relief From BofA, Freddie Mac, Wells Fargo</title>
		<description><![CDATA[Mortgage relief was extended from Bank of America, Freddie Mac and Wells Fargo.  These banks agreed to grant borrowers in the Gulf Coast region mortgage relief on their home loan payments because of the gulf crisis. Freddie Mac forbearance policies allow its servicers to suspend a borrower’s loan payments for up to three months or [...]]]></description>
		<link>http://www.loanmodificationoutlet.com/blog/index.php/2010/06/20/gulf-coast-borrowers-offered-mortgage-relief-from-bofa-freddie-mac-wells-fargo/</link>
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