Sentences with phrase «foreclosures after a government»

The bank has temporarily stopped foreclosures after a government probe uncovered problems with its process.

Not exact matches

Here's the story: According to the FTC, a group of companies and individuals doing business as HOPE Services told consumers facing foreclosure they could get help from legitimate, government - backed programs, like Making Home Affordable — but only after they made three monthly trial payments into a so - called mortgage lender's trust account.

According to recent news articles, a spokesman for a government backed housing program said this about regaining credit after a foreclosure, «The key is to avoid the foreclosure.

The companies, which were seized by the government in 2008, previously sought to recoup value themselves by modifying the loans or selling homes after foreclosures.

After large numbers of homeowners lost their homes to foreclosure, the federal government launched efforts to make fixed - rate mortgages available, says Susan Wachter, the Sussman professor of real estate and finance at the Wharton School at the University of Pennsylvania.