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Hamp Calculator Now Available 6 Aug 2011 | 02:19 am

A free online calculator is now available to homeowners who are looking for a loan modification under the Hamp program. The calculator was released by the Treasury Department for homeowners to see if ...

If you had a Mortgage with CountryWide you may get a Refund 31 Jul 2011 | 03:25 am

(CNNMoney) — Borrowers who were overcharged by Countrywide Financial over three years ago are finally going to get reimbursed. The F TC said Wednesday that, as a result of a settlement reached with t...

Banks to Face HAMP lawsuits. 15 Jul 2011 | 08:26 am

Were you one of those homeowners that submitted your loan modification under the Obama administration’s HAMP -Home affordable modification program. Then after making a series of payments told that you...

$50,000 free from the government! 2 Jul 2011 | 09:09 am

The government is trying (again) to help homeowners if they are at risk of foreclosure. This plan is called the Emergency Homeowners’ Loan Program (EHLP) and if you have lost your job, the $1 billion ...

Thousands of Borrowers are Staying in their Homes for Free! 25 Jun 2011 | 10:35 am

Across the U.S. thousands of homeowners are staying in their homes for years without paying their mortgage. Many times if you are going through the process of a loan modification you might wonder how ...

Top Banks Have Poor Loan Modification Rates. 18 Jun 2011 | 11:10 am

Bank of America, J.P. Morgan Chase and Wells Fargo have all been penalized by the government for poor performance in the Obama administrations HAMP plan (home affordable modification program). The gov...

Tax Day Is Coming… 14 Apr 2011 | 09:56 am

Tax day is coming fast. The IRS said that only 50% of Americans have filed taxes so far. So, here at Diyloanmodkit.com we came across this article which had some good pointers regarding taxes. Read on...

Principle Reduction Maybe Coming Soon! 9 Mar 2011 | 12:54 pm

diyloanmodkit A 27-page proposal was received by U.S. banks last Thursday from state attorneys general and several federal agencies that could require them to reduce loan balances of troubled mortgag...

HSBC stops foreclosures 3 Mar 2011 | 02:49 pm

  When issues of robo-signing came to light last year, many banks were quick to distance themselves from the backlash. Some banks did stop or halt foreclosures…..just for a moment….a couple of weeks, ...

Obama Pushes For Principle Reduction 25 Feb 2011 | 04:44 pm

NEW YORK (Reuters) – The Obama administration is trying to push a settlement that could force the largest U.S. banks to pay for reductions in loan principal worth billions of dollars following breakdo...

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