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Fed Chief Urges Breaks for Some Home Borrowers. Ben S. Bernanke, the chairman of the Federal Reserve, delivered a speech to a conference of community bankers in Florida. read more... Bush's New Legislation for Loan Modification - Participating banks include Bank of America Corp., Citigroup Inc., Countrywide Financial Corp., J.P. Morgan Chase and Co., Washington Mutual Inc. and Wells Fargo & Co. They account for 50 percent of the mortgage servicing market!" read more... Chase underwriter says, "We are approving 98% of the loan modifications." read more... Loan landscape changing - Bank of America's $4b purchase of Countrywide Financial will combine the largest mortgage lenders in Massachusett read more.. How to handle a loan modification - You'll have to jump through hoops to get mortgage terms changed read more... If Everyone's Finger-Pointing, Who's to Blame?

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