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Repayment Plans are a Recipe for Failure

by Ross Kilburn, DHC

The federal government’s response to the foreclosure crisis has been to promote an organization made up of industry insiders, lenders, and investors called Hope Now. Hope Now is set to release a new set of guidelines to their member companies in the next couple of days. While a step in the

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April Numbers: Defaults Up - Loan Workouts Up

by Ross Kilburn, DHC

NEW YORK (Reuters) - Defaults on privately insured mortgages rose sharply in April, showing homeowners continue to struggle to keep up with loan payments. But a one-time change in some of the data may have painted a worse picture than reality, according to Mortgage Insurance Cos of America,

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