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	<link>http://blog.captaloans.com</link>
	<description>Loan Modification, short sale, debt settlement</description>
	<lastBuildDate>Tue, 11 May 2010 22:49:21 +0000</lastBuildDate>
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		<title>Payment relief for homeowners who have lost their jobs</title>
		<description><![CDATA[In May 2010 the Home Affordable Unemployment Program, was issued introducing payment relief for homeowners who have lost their jobs. The Home Affordable Unemployment Program (UP) is effective July 1, 2010, and offers eligible unemployed borrowers a forbearance plan to temporarily reduce or suspend their mortgage payments.  Details include:
Forbearance Plan Eligibility &#8211; A borrower must [...]]]></description>
		<link>http://blog.captaloans.com/?p=414</link>
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		<title>Use of lender incentives for Loan Modifications</title>
		<description><![CDATA[One of the ways how the Obama administration is helping to get more mortgage providers to offer loan modifications is by offering juicy incentives. The lender incentives are being used simply as a means of encouraging them to get along with helping to get people to avoid foreclosure.  Its unfortunate but we&#8217;ve all learned banks [...]]]></description>
		<link>http://blog.captaloans.com/?p=409</link>
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		<title>Waterfall Questions Relating to HOPE for Homeowners</title>
		<description><![CDATA[Standard Modification Waterfall Questions Relating to the HOPE for Homeowners (H4H) requirement. 
While the servicer is gathering information to determine if a borrower meets the minimum eligibility criteria for HAMP, it should also be assessing whether the borrower may be eligible to refinance through an FHA H4H loan. This assessment would involve asking the following set of [...]]]></description>
		<link>http://blog.captaloans.com/?p=406</link>
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		<title>Recent news on interest rates and foreclosures</title>
		<description><![CDATA[Update on Interest RateThe Obama administartion purchase program ended on March 31st and was regarded as a precursor to a gradual rise in mortgage interest rates.  Howver,  &#8221;We are unlikely to see a significant market disruption in the agency market stemming from the Fed&#8217;s retreat, so we do not think rates are going to spike but rise gradually.
30 year fixed rates [...]]]></description>
		<link>http://blog.captaloans.com/?p=404</link>
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		<title>Hiring an attorney for your loan modification</title>
		<description><![CDATA[Loan modifications are created so that families can have a solution to save them from losing their home. Though there are millions of families who are eligible for loan modifications, many will not even attempt to apply because of the high fees that financial advisors charge even for advice. There is positive news for these [...]]]></description>
		<link>http://blog.captaloans.com/?p=400</link>
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		<title>Foreclosures dropped in March</title>
		<description><![CDATA[Foreclosures dropped in March, year-over-year, but the state is still seeing a rising trend during 2010.Foreclosure specialist RealtyTrac brings out its March numbers today, and around the nation total filings were at their highest level since the firm began keeping records in 2005. Looking over the first quarter as a whole, foreclosures jumped 35% from [...]]]></description>
		<link>http://blog.captaloans.com/?p=398</link>
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		<title>How to calculate Debt Settlement Savings</title>
		<description><![CDATA[Debt settlement is when you and a creditor agree to let you pay less than the balance owed, as payment in full. The amount of money that a credit card company will accept will vary from company to company. You may be able to get a good offer. Creditors will not settle debts until you [...]]]></description>
		<link>http://blog.captaloans.com/?p=331</link>
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		<title>Loan Modification Stats</title>
		<description><![CDATA[There are statistics that are kept on the types loans that were given before the recession, how many are currently in default, and how many are undergoing loan modifications. Beginning 2010 over 4 million people have applied for a loan modification for their homes using HAMP or one of the other available lender programs. The [...]]]></description>
		<link>http://blog.captaloans.com/?p=395</link>
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		<title>Update on Foreclosure Mediation</title>
		<description><![CDATA[Captaloans has a number of foreclosure mediators using our CRM to manage their case load so we have been watching the legislation.  Here is a great article from Keith on the status of foreclosure mediation.  You can see the full article here: http://www.mediate.com/articles/foreclosureupdate5.cfm

Members of Congress from Ohio, California and Florida in February introduced the Foreclosure [...]]]></description>
		<link>http://blog.captaloans.com/?p=390</link>
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		<title>Getting a mortgage in todays climate</title>
		<description><![CDATA[With Loan Modifications and short sales in full swing the mortage industry has changed dramatically in the last 18 months.  A few details of changes that affect borrowers.
After the mortgage back security implosion where subprime and stated income loans (that eventually went into default in large numbers) were packaged and sold to investors all over the world there were some much [...]]]></description>
		<link>http://blog.captaloans.com/?p=388</link>
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