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Citi Exits Broker Biz; Fed Addresses Sticky Second Mortgage Situation Mortgage News Daily
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG8A0vy3YRjm_WuWUtsETjkDk2bZQamp;url=http://www.mortgagenewsdaily.com/channels/pipelinepress/02022012-refinance-plan-gmac-results.aspxbCiti Exits Broker Biz; Fed Addresses Sticky Second Mortgage Situation/b/abr /font size=-1bfont color=#6f6f6fMortgage News Daily/font/b/fontbr /font size=-1The HARP 2.0 initiative aimed at helping agency bhomeowners/b to refinance. Then came HAMP 2.0 (this past Friday), aimed at helping to encourage more modifications. Yesterday Obama unveiled a separate refinancing program (discussed below) targeted at b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dsZ9jpHl9gE8riMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Floridas housing crisis: Theres not a politician out there willing to help The Guardian
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFg-9XWPj2TttFcnw3oCCINwxBPggamp;url=http://www.guardian.co.uk/business/2012/jan/30/florida-housing-crisis-home-foreclosures?newsfeed%3Dtrueimg src=//nt3.ggpht.com/news/tbn/5xGfiSXuz_-SCM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2The Guardian/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFg-9XWPj2TttFcnw3oCCINwxBPggamp;url=http://www.guardian.co.uk/business/2012/jan/30/florida-housing-crisis-home-foreclosures?newsfeed%3DtruebFlorida#39;s housing crisis: #39;There#39;s not a politician out there willing to help#39;/b/abr /font size=-1bfont color=#6f6f6fThe Guardian/font/b/fontbr /font size=-1Miami-Dade courthouse#39;s Foreclosure Master Calendar is where bhomeowners/b caught in the middle of Florida#39;s housing crisis go to request emergency motions to cancel the bank#39;s foreclosure sales of their homes. Some have attorneys, some represent b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=d_vm280Eck8SaUMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Raging against the foreclosure machine iWatch News
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE5bkDPEuwQTHVVeIizACj2cUanBwamp;url=http://www.iwatchnews.org/2012/01/27/7985/raging-against-foreclosure-machinebRaging against the foreclosure machine/b/abr /font size=-1bfont color=#6f6f6fiWatch News/font/b/fontbr /font size=-1They were thrilled to sign up for a modification plan with their loan servicer, bGMAC Home/b Mortgage, Cassandra Gray said. The modification lowered their payment from $1128 to $768 per month. But after three months, bGMAC/b began returning their payments, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dLj1utyJe1fG3pMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Raging Against The Foreclosure Machine NJ TODAY
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHzZlxPQTOHc1RhABauy4IPltW-dQamp;url=http://njtoday.net/2012/01/27/raging-against-the-foreclosure-machine/bRaging Against The Foreclosure Machine/b/abr /font size=-1bfont color=#6f6f6fNJ TODAY/font/b/fontbr /font size=-1They were thrilled to sign up for a modification plan with their loan servicer, bGMAC Home/b Mortgage, Cassandra Gray said. The modification lowered their payment from $1128 to $768 per month. But after three months, bGMAC/b began returning their payments, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dZml79cuYGgLMhMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

How MetLifes Exit Impacts the Industry Will Others Follow... Mortgage News Daily
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHCfVcA_8KhJFbTnIjCaQWGEZEOLgamp;url=http://www.mortgagenewsdaily.com/channels/pipelinepress/01112012-metlife-residential-lending.aspxbHow MetLife#39;s Exit Impacts the Industry - Will Others Follow/b/abr /font size=-1bfont color=#6f6f6fMortgage News Daily/font/b/fontbr /font size=-1We have made the decision to wind‐down all MetLife bHome/b Loans#39; (MLHL) forward origination business, including the Institutional Lending Group (ILG) We will continue to honor all of our loan commitments and will maintain the necessary staff in place b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dQuV7Hu3ST0yb5Mamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table