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Butler County program can put foreclosures on hold
http://triblive.com/news/butler/5409022-74/program-county-foreclosure
The program is only available to those whose mortgage companies have filed foreclosure proceedings against a loan holder. The number of 407 new foreclosure cases. In 2012, that number was 443, and in 2011, lenders filed 404 foreclosure cases.

Has the time come for a five-year mortgage fix?
http://www.theguardian.com/money/2014/jan/25/five-year-mortgage-fix-interest-rates-rise
Has the time come for a five-year mortgage fix? Almost three years ago to the day, on 22 January 2011, Guardian Money was reporting on the fact that the money markets were pricing in three 0.25% Bank of England rate rises by the end of that year, prompting some mortgage lenders to pull their best 

2014 Quicken Loans All-Star Football Challenge to feature Texas A&M's Jake ...
http://www.kbtx.com/sports/headlines/2014-Quicken-Loans-All-Star-Football-Challenge-to-feature-Texas-AMs-Jake-Matthews-241906471.html
Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power for four consecutive years in 2013, 2012, 2011 and 2010. Quicken Loans has ranked among the top-30 companies on FORTUNE Magazine's

S&P Gets the Pitchfork Treatment
http://www.nationalreview.com/article/369430/sp-gets-pitchfork-treatment-andrew-c-mccarthy
In an affidavit filed in a California federal court, S&P chairman Harold McGraw III alleges that on August 8, 2011 — i.e., when the Obama reelection campaign was gearing up — Geithner tracked him down by phone. The then-secretary was Uncle Sam

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US Justice Department weighs in on long-running Wells Fargo whistleblower case

The U.S Justice Department has weighed in on a long-running whistleblower lawsuit against Wells Fargo, in a move that could aid the two former employees that brought the case against the San Francisco-based bank.

In their suit, Paul Bishop and Robert Kraus alleged that Wells Fargo and predecessor Wachovia made false claims and statements in order to receive payments from federal agencies under various bailout programs during the financial crisis. They’re seeking damages on behalf of the federal government.

In February, the U.S. Supreme Court breathed new life into the case when it vacated a judgment in August 2016 by the U.S. Appeals Court for the Second Circuit that had affirmed a lower court’s decision to dismiss the case.

The high court ordered the appeals court to give the case further consideration in light of a June 2016 Supreme Court ruling that interpreted an aspect of the federal whistleblower law called the U.S. False Claims Act. On Tuesday, the U.S. Justice Department filed a friend of the court brief that did not take a position on the merits of the case, but it did say the United States “has a significant interest in ensuring that courts properly construe” the False Claims Act. It urged the court to “to amend its prior analysis” on one aspect of the case.

Interest-only risk falls, but 300000 loans not fully repaid since 2011: CML

It adds: “At face value, this looks like a big number. But this can occur for a number of reasons, many of which are very much short term timing issues.”

Some cases could be a mismatch of maturity dates between a repayment vehicle and the mortgage itself, the CML suggests.

It adds: “Our data suggest that the majority of cases are indeed short term in nature, and redeem without any need for formal intervention.

“In a minority of cases, this process is not so smooth and requires more time or intervention.

Lenders work with borrowers in these situations to explore the best route through post-term repayments.

“Resorting to litigation and ultimately taking possession is then only necessary when it is the best interests of the borrower because there are no other viable options.”

Higher risk

The trade body also says there are a “small, but material, number of higher risk loans”.

default on mortgage on credit report, what will happen in the future?

hi can anybody help? i will try to explain the situation as best i can.