| Subscription Advantages | Advertise | About | Contact

Register or Sign in Email This Page Link To This Page

72,977

# of Subscribers

Premium Services
MBS Live!

Learn More

Purchase Subscription

Marketing Services

Directory Listing

Local Ads

Enhanced / Search Optimized Profiles

Client Testimonials

Cobranding Services

NO COMPETITOR ADS!!

Cobranded Website

Cobranded Email

Cobranded Social Marketing

Cobranded Print

Cobranded Widgets

View All Premium Services

Home Page

Open Home Page
FRONT PAGE
HOME PAGE

HEADLINE VIEWER

MICRO NEWS

AROUND THE WEB

VIDEO NEWS

CHANNELS / TOPICS

MND NewsWire

Mortgage Rate Watch

MBS Commentary

Pipeline Press

Secondary Markets

Voice of Housing

Community Commentary
Stay Connected

Daily Newsletter

Daily Rate update

News Alerts

Manage Email Subscriptions

View All RSS Feeds

Mobile Version

Connect via Facebook, Twitter, LinkedIn, etc.

More

About Us

Authors / Contributors

Submit an Article / Tip

News Widgets
NEWS
VIDEO NEWS

Video Home

Video RSS Feed
VIDEO
MND Live!

MND Live! - Real-time Streaming Community Activity

Comments

Read the Latest Comments

Q&A

Q&A Home

Search Q&A

Top Contributors

Contribute

Q&A Library

Ask a Question

Answer a Question

Recently Answered Questions

Loan Scenarios

Search Scenarios

Post a Scenario
Forums

Home

Recent Posts

Forum Rules

Forum Categories

Premium Member Forums

For Mortgage Professionals

Other Industry Professionals

Consumers - Questions, Answers, Help

General / Support

Member Polls
COMMUNITY
MBS Markets

MBS Prices

Treasury / LIBOR

Residential Mortgage Debt

Mortgage Interest Rates

Current Mortgage Rates

FHFA / Freddie Mac / MBA

Compare Lender Rates

Bank Ratings

Mortgage Calculators

Mortgage Rate FAQs

Primary Market Volume

Mortgage Applications

Total Outstanding Mortgages

Net Change Outstanding Mortgages

New Houses Financing Type

Mortgage Originations

Exchange Data

Active Investors

Transaction Type

Product Mix

Product Category

Occupancy Type

Property Type

FICO Score

Document Type

Product Type
Housing Production

Building Permits

Housing Starts

Under Construction

Housing Completions

Construction Spending

NAHB Builder Confidence

Home Sales

New Home Sales

Existing Home Sales

Pending Home Sales

Home Prices

FHFA Home Prices

S&P Case Shiller

New Home Prices

Existing Home Prices

Homeownership

Vacancy Rate

Homeownership Rate

Housing Inventory
MARKET DATA
Current Rates

Current Mortgage Rates

Daily Rate Movements

Historic Mortgage Rates

FHFA / Freddie Mac / MBA

Compare Rates

See Rates From Top Lenders

Tools

Bank Ratings

Mortgage Calculators

Mortgage Rate FAQs

Compare Lender Rates

Follow Rates Daily

Daily Rate Update Email

Twitter

RSS
MORTGAGE RATES

Community Commentary » All Tags » alternative (

)

Browse by Tags

Place your ad here

Subscribe

Email Alerts

Receive an Email Alert each time a story is posted to Community Commentary.

- Subscribe to Email Alerts

RSS

- Posts | Comments

- View All RSS Feeds

Newsletters

- Subscribe to Newsletter

- Subscribe to Mortgage Rates Update

Latest Headlines

From Community Commentary

Fixing The Housing Market: A Foreclosure Prevention Alternative

Other Top Headlines

Trends in Mortgage Banking; Conferences Across the Nation Being...

Mortgage Rates Continue to See Minor Improvements

Home Builder Confidence Marks Highest Level Since 2007

More Time Allowed for Foreclosure Review Requests

Refinancing Borrowers Overwhelming Pick Shorter Term Loans

Latest Video

Comments

Kelcey Morange
Answers: 100
MisterVA
Answers: 94
Antonio Cibella
Answers: 81

Scenarios
Search

Fixing The Housing Market: A Foreclosure Prevention Alternative

Jonathan Spurr, a like-minded colleague of mine and a wholesale account rep for 18 years came up with this idea which we just pitched to the Arizona Department of Housing . This could be a model for all us to help our individual states reduce the likelihood of strategic default candidates and use our expertise to put more discretionary income back into our states....

Published Mon, Apr 04 2010 6:32 PM by Frank Ceizyk

Filed under: Foreclosure, principal reduction, HAMP, alternative, prevention

More From MND

MBS Commentary

MBS RECAP: 2/15/2012

Although no significant progress was made on the call and no significant plans were announced, MBS and Treasuries aren't bouncing back quite as forcefully...
Mortgage Rate Watch

Mortgage Rates Continue to See Minor Improvements

Mortgages Rates improved again today as domestic economic data failed to inspire markets to move in either direction and optimism over today's conference...
MND NewsWire

Home Builder Confidence Marks Highest Level Since 2007

The results from the monthly National Association of Home Builders NAHB)/Wells Fargo Housing Market Index (HMI) rose in February for the fifth consecutive...
MBS Commentary

MBS at Highs, Waiting For Potential Eurogroup News

Yesterday we learned that the much-anticipated Eurogroup meeting to vote on Greece's second bailout had evolved into a mere conference call with sources...
MND NewsWire

More Time Allowed for Foreclosure Review Requests

Homeowners who think they may have been financially injured due to the actions of mortgage servicers during a foreclosure have additional time to request...
MBS Commentary

MBS MID-DAY: 2/15/2012

Home builder confidence in the market for new single-family homes increased for the fifth consecutive month in February, rising from 25 to 29 on the NAHB...
MND NewsWire

Refinancing Borrowers Overwhelming Pick Shorter Term...

As we see each week in the Mortgage Bankers Association's application survey, few borrowers chose adjustable rate mortgages when buying or financing a...
Pipeline Press

Trends in Mortgage Banking; Conferences Across the...

Two Brits were playing chess. Liam said to John, "Hey, do you want to make this more interesting?" John said, "Sure." So they stopped playing. One thing...
MND NewsWire

Quiet Week for Mortgage Applications, Interest Rates

Applications for both home purchase and refinance were essentially flat during the week ended February 10. The Mortgage Bankers Association's (MBA) Market...
MBS Commentary

The Day Ahead: Reasonable Economic Calendar Overshadowed...

MBS moved steadily higher for most of yesterday's session, while 10yr yields and stocks moved lower. MBS hit 103-29 in fannie 3.5's, which is a resistance...
MBS Commentary

MBS RECAP: 2/14/2012

At 103-28 currently, Fannie 3.5's are up 13 ticks on the day, and sit at the highest prices since last Thursday. These gains are sufficient and have...
Mortgage Rate Watch

Mortgage Rates Improve on Weak Data, Greece Jitters

Mortgages Rates are somewhat improved today after holding relatively steady to begin the week. In the underlying markets MBS (the "mortgage-backed-securities...
MND NewsWire

Mortgage Delinquency Spikes in TransUnion Q4 Report

TransUnion is reporting that serious mortgage delinquencies rose during the fourth quarter of 2011 for only the second time since the end of 2009. The...
MBS Commentary

MBS MID-DAY: 2/14/2012

It's been a light day for new originations so far in MBS with current totals in Fannie/Freddie 30yr Fixed around 1/4 to 1/3 of their recent averages...
Pipeline Press

FHA Insurance Premium to Increase Again; CFPB Servicing...

This morning we had the Retail Sales figures. Shopping in Texas can be a different experience (30 seconds). Small lenders can be assured that whatever...
MND NewsWire

CFPB Designs New Mortgage Statement, Feedback Wanted

The Consumer Financial Protection Bureau ( CFPB ) has rolled out a prototype of a form for mortgage lenders to send to borrowers during each billing cycle...
MND NewsWire

MBS At Highest Levels Since Thursday, Stocks Down After...

It's been a light day for new originations so far in MBS with current totals in Fannie/Freddie 30yr Fixed around 1/4 to 1/3 of their recent averages. That...
MND NewsWire

Bankers Dismiss Bank Tax as Arbitrary

The American Bankers Association (ABA) reacted negatively late Monday to a part of the President's FY 2013 Budget which was released earlier in the day...
MBS Commentary

The Day Ahead: Domestic Data Tries Its Luck Against...

Bond markets returned to something of a middle ground yesterday after recovering from a Greece-inspired risk-off trade . Last week's key event was the...
MND NewsWire

HUD Ready with FY2013 Budget

The Department of Housing and Urban Development (HUD) unveiled its 2013 budget proposal today, asking Congress for about $44 billion. The amount is roughly...

Mortgage Rates:

30 Yr FRM 3.85%
|
15 Yr FRM 3.23%
|
Jumbo 30 Year Fixed 4.10%

MBS Prices:

30YR FNMA 4.5 106-22 (-0-04)
|
30YR FNMA 5.0 108-03 (-0-03)
|
30YR FNMA 5.5 108-32 (-0-01)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

CREATE ACCOUNT

INFORMATION

NEWS

DATA

MARKETPLACE

SUBMIT CONTENT

TOOLS

STAY CONNECTED

Our Story

Founded in 2004, Mortgage News Daily has established itself as a leader in housing news, analysis and data. Our innovative social media platform combines industry leading content and data with an active community of industry professionals, to accomplish our primary goal - keeping our readers informed.

Total Members

72,977

Subscribe to Our Newsletter

Follow On Your Mobile Device

Subscribe To RSS

Follow On Twitter

Follow On Facebook

Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS

All Content Copyright © 2003 - 2012 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.

X

Track Mortgage Rates Daily with our Free Daily Rate Updates. There are several ways to follow daily rate movements, including:

(view an example)

	RSS - Subscribe to our Daily Rate Update RSS Feed.
	Twitter - Follow our Daily Rate Update on Twitter.
	Facebook - Follow our Daily Rate Update on Facebook.
	Bookmark - Bookmark our rates page and visit daily for updates.
	Mobile Apps - There's an App for this too. Learn more about our Mobile Apps.