“We are so proud of our employee’s giving spirit at this very difficult time in our history,” said Employee Council President Heather Wilson.

Five hundred thousand troubled homeowners have had their loan payments lowered on a trial basis under the Making Home Affordable Program, said Treasury Secretary Timothy F. Geithner in a morning telephone briefing with reporters.

The key to saving distressed borrowers is contacting them directly. We needed a way to reach out to individual borrowers as quickly as possible and begin collecting information on their loans...

The Federal Trade Commission today announced two new law enforcement actions in a continuing crackdown on mortgage foreclosure rescue and loan modification scams, bringing to 22 the number of these cases the Commission has filed since the housing crisis began.

Marix Servicing LLC announced today that it has developed a unique new component servicing program designed to assist Hispanic homeowners with the loan modification process, the Hispanic Homeowner Outreach Program ("HHOP") . HHOP increases the success of modifications, making it possible for many more Hispanic homeowners to stay in their homes.

The FDIC announced this week that it is releasing a free tool kit of information that will help borrowers, community stakeholders, and the banking industry avoid unnecessary foreclosures and stop foreclosure“rescue” scams that promise false hope to consumers at risk of losing their homes.

President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration official said on Monday.

It's a warning to be extra-cautious when doing things related to your mortgages. The warning comes from one of the country's biggest government-backed mortgage lenders: Freddie Mac.

The current mortgage rates forecast shows low interest rates in the near future. For a month period interest rates moved higher but that trend reversed greatly when the 10 year treasury rate yield almost hit 4%.

The U.S. Federal Trade Commission and authorities in 20 states have sued dozens of individuals and companies as part of what they said on Wednesday was a crackdown on loan modification scams that have multiplied in the housing meltdown.