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On November 16, 2023, in response to comments received on a prior draft Mortgagee Letter (ML) related to a Proposed Payment Supplement Partial Claim, the Federal Housing Administration...
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2021. Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, “I am pleased with our excellent results for the fourth quarter and full year of 2021. In the fourth quarter of 2021, Navios ...
Interesting reduction and was turned down. is there any help? >> she wants to know if there is any help for refinancing. there are programs that are out there. there's over 150 programs out there right now, gretchen, for lending. but the question is, do you fit within that grid. that becomes more difficult because if it's upside down in value, if you're looking for any type of principal reduction or even interest, it is a complicated process, which is one of the reasons why at some point the homeowners in america, the american family ends up losing things, losing their home because they hit a ...
Waiver. so they're picking winners and losers constantly. is it fair to the american people? absolutely not. but this is their modus oprandi -- operandi. your best interest not necessarily my best interest. >> what are we going to do? more than four in -- one in four homeowners are under water. if you bought a house in 2006, 2007, you're probably under water on your mortgage and there's no end in sight. how long are the americans going to stay under water without no outcome, no bright outlook? >> primarily what's supposed to happen is folks that -- folks have the 6 percent, 7 percent, 8 percen...
To narrow the settlement to just the servicing conduct. >> i don't want to get too far in the weeds but what the heck. what you were -- you were -- critical of the -- you were critical of the settlement as proposed in earlier iterations of it. you would not sign on to that you were satisfied enough in and had not been crossed you were willing to sign on to this agreement. >> well, there had to be more robust principal reduction and had to be the capacity to re-fi, too. out of the $25 billion which, as your guest just said, you know the $20 billion, $25 billion, $20 billion of it credits back t...