Ally Financial's net income more than doubled in the first quarter as the government-owned lender offered more mortgages through government refinancing programs.
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Gov't housing programs lift gov't-owned Ally in 1Q
Posted by mortgage 27 days ago (Editorial)Smoking-Gun Edict Shows Gov't Behind Housing Meltdown
Posted by mortgage 204 days ago (Editorial)
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AP IMPACT: Gov't mortgage partners sued for abuses (San Francisco Chronicle)
Posted by mortgage 1015 days ago (Editorial)
Billions of dollars the government is spending to help financially pressed homeowners avert foreclosure is passing through _ and enriching _ companies accused of preying on the people they're supposed to help, an Associated Press investigation has found. The... Sponsored Topics: Foreclosure - Mortgage - Business - Associated Press - United States
Gov't mortgage partners sued for abuses (The San Francisco Examiner)
Posted by mortgage 1015 days ago (Editorial)
In this photo made Friday, June 5, 2009, Jerry Turner stands in front of the Charleston W.Va. home his mortgage servicer, Select Portfolio, collected payments on for six years before he found out that it had been foreclosed on and later auctioned off.
Gov?t mortgage partners sued for abuses (Culpeper Star-Exponent)
Posted by mortgage 1015 days ago (Editorial)
The AP found that at least 30 servicers have been accused in lawsuits of harassing borrowers, imposing illegal fees and charging for unnecessary insurance policies
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