Foreclosure modifications aren’t helping as their proponents advocated, and in fact may be making things worse: The number of delinquent homeowners on track for help dropped from January to May, and 20 percent of those whose mortgage terms were renegotiated this year have now fallen behind once again, according to a report based on data from 13 of the nation’s 20 largest servicers of subprime mortgages. The State Foreclosure Prevention Working Group, composed of 11 states’ banking regulators and attorneys general, concluded that loan servicers have not developed long-term, sustainable tactics to stave off foreclosures. New York and the…
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Just in case you wanted to know how your congressman voted yesterday so you can either congratulate or blast them for their choice, here’s the list. Look for this list again the day before the election-  in case you need it for reference. :  ) Democrats who voted yes Gary Ackerman, Thomas Allen, Robert Andrews, Michael Arcuri, Brian Baird, Tammy Baldwin, Melissa Bean, Howard Berman, Marion Berry, Timothy Bishop, Sanford Bishop, Dan Boren, Leonard Boswell, Rick Boucher, Allen Boyd, Robert Brady, Corrine Brown, Lois Capps, Michael Capuano, Dennis Cardoza, Russ Carnahan, Yvette Clarke, James Clyburn, Steve Cohen, Jim Cooper, Jim…
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