Media Coverage
- Focus on Easy Refis Leaves Harp's Potential Unfulfilled
American Banker – March 13, 2013
Loan Value Group's Frank Pallotta writes in American Banker that the focus of the HARP refinance program should be on finding relief for the largest percentage of high risk borrowers.
Click Here for Full Article > - Loan Value Group Helping States With Underwater Property Values
Close with Pam – February 21, 2013
Pam Marron covers LVG's work with the State of Arizona to assist homeowners with the HARP refinance program.
Click Here for Full Article > - More Americans Walk Away from Their Mortgages
The Fiscal Times – October 24, 2012
With more homeowners walking away from their homes and their mortgages, The Fiscal Times reviews progress being made by programs like the Responsible Homeowner Reward to keep homeowners from walking away.
Click Here for Full Article > - Irish Independent: We can learn a lot from US on mortgage crisis
Irish Independent – June 25, 2012
LVG Managing Partner Frank Pallotta spoke with the Irish Independent about how mortgage incentive programs like the RH Reward are working in the US and could have similar positive effects in Europe.
Click Here for Full Article > - "Conflicts of interest are inherent to investment banking"
Economía – June 23, 2012
LVG Academic Advisor and Wharton professor Alex Edmans presented in Spain on the effects of mortgage incentives.
Click Here for Full Article > - Do You Qualify for a Responsible Homeowner Reward Program?
Best Cash Cow – February 23, 2012
Many say there is only financial help for homeowners who have defaulted on their mortgage payments. That has been true ... until now.
Click Here for Full Article > - A Reward for Responsible Homeowners
The Baltimore Sun – February 22, 2012
The Baltimore Sun's Real Estate Wonk blog gives an update on the RH Reward program.
Click Here for Full Article > - Consumer Watch: Refinance program gives ‘underwater’ homeowners breathing room
Air Force Times – February 9, 2012
The RH Reward program has been assisting homeowners with VA loans who are underwater on their mortgage.
Click Here for Full Article > - Freddie and Fannie Reject Debt Relief
The New York Times – October 5, 2011
Mortgage owners and insurers are finding Loan Value Group's RH Reward to be a powerful way to incentivize timely mortgage payments without traditional debt forgiveness.
Click Here for Full Article > - The Responsible Homeowner Reward strikes a chord in the Orlando housing market
Fox News Orlando – September 4, 2011
My Fox Orlando discusses the Responsible Homeowner Reward, and how it can be a powerful incentive for homeowners.
Click Here for Full Article > - Mortgage Payment Delinquencies Climb in the Second Quarter
Bloomberg News – August 22, 2011
Loan Value Group Executive Vice President Frank T. Pallotta spoke with Bloomberg Television's "Bottom Line" about the continuing rise of delinquencies, his outlook for the housing market and the impact of negative equity on a homeowners decision to continue paying their mortgage.
Click Here to Watch the Interview > - Falling Home Equity Spurs Fear of Strategic Default
CNBC – July 14, 2011
CNBC's Diana Olick weighs in on the impact of incentives in reducing strategic default for homeowners in negative equity situations.
Click Here for Full Article > - Banks Pay Borrower Bonuses to Avoid Foreclosures
NuWire Investor – July 14, 2011
The Responsible Homeowner Reward Program is now being offered to certain customers of PMI Mortgage Insurance through their Homeowner Reward Co. subsidiary.
Click Here for Full Article > - PMI Group, Inc. Launches Reward Program for Homeowners
DS News – July 12, 2011
The Responsible Homeowner Reward Program continues to expand, with PMI Mortgage Insurance being the latest financial institution to offer the reward to certain homeowners facing negative equity.
Click Here for Full Article > - PMI to pay underwater borrowers to stay put
Housing Wire – July 11, 2011
Private mortgage insurer PMI Group's subsidiary, Homeowner Reward Co., is working with Loan Value Group to administer the Responsible Homeowner Reward program to help some homeowners in negative equity situations.
Click Here for Full Article > - U.S. Housing Recovery Stymied by Government
Bloomberg News – July 6, 2011
Many potential new homeowners are being stymied by stricter standards now in place for loan approval. Loan Value Group's Frank Pallotta comments that while this is keeping some from purchasing, taking caution is a necessary step for the recovery of the housing market.
Click Here for Full Article > - A New Path for Homeowner Connectivity
Housing Wire – April 4, 2011
Loan Value Group Executive Vice President Frank T. Pallotta spoke with Housing Wire to explain what the mortgage industry can do now to save itself from increasing losses and avoid unnecessary defaults.
Click Here for the Full Interview > - Pallotta Says Rise in `Strategic' Defaults Hurt Housing
Bloomberg News – March 16, 2011
Loan Value Group Executive Vice President Frank T. Pallotta spoke with Bloomberg news about the implications of the rising trend of strategic defaults.
Click Here to Watch the Interview > - Upside Down? Underwater on your Mortgage?
Builders Magazine – January 3, 2011
Builder Magazine gives an update on the Responsible Homeowner program, which provides an attractive alternative to principal reductions.
Click Here for Full Article > - Strategic Default Gaining in Popularity
AOL Real Estate – December 27, 2010
48 percent of homeowners surveyed say they would consider a strategic default if their home were underwater, up from 41 percent in May. The RH Reward creates a positive channel of communication between the servicer and the homeowner, and a powerful incentive to stay current on one's mortgage.
Click Here for Full Article > - Can the country’s mortgage mess be fixed?
Wall Street Journal – November 10, 2010
Wharton School of Finance Professor Alex Edmans is interviewed by the Wall Street Journal about repairing damage caused by the current mortgage crisis, focusing on how the Responsible Homeowner Reward can incentivize homeowners to stay current on their mortgage.
Click Here for the Interview > - Rebate for staying current on 'underwater' mortgage
Inman News – October 14, 2010
At payoff or sale, the 'Responsible Homeowner Reward' can be a sizable incentive for homeowners.
Click Here for Full Article > - Some lenders offer reward for owners who stick it out
Chicago Sun Times – October 4, 2010
The Chicago Sun Times outlines the basic principles of the Responsible Homeowner Reward and gives an update on how it is helping homeowners across the country.
Click Here for Full Article > - Home Is Where the Money Is: A New Incentive Program Aims to Slow Rising Mortgage Defaults
Knowledge @ Wharton – September 29, 2010
As strategic mortgage default rates continue to rise, Wharton finance professor Alex Edmans is researching ways to incentivize homeowners to stay in their homes.
Click Here for Full Article > - New Program Aimed to Keep Owners Paying
Realtor.org – September 14, 2010
As strategic defaults rise, Loan Value Group is offering banks and consumers a way to resolve the problem.
Click Here for Full Article > - Private Company Offers Incentives for Underwater Homeowners
MortgageLoan.com – September 14, 2010
Loan Value Group's Responsible Homeowner Reward gives homeowners an incentive to stay in their home and stay current on their mortgage.
Click Here for Full Article > - Plan Offers Hedge on ‘Strategic’ Default
Wall Street Journal – September 13, 2010
Nick Timiraos of the Wall Street Journal gives an update on the Responsible Homeowner Reward Program, a private sector solution to the growing problem of strategic mortgage default.
Click Here for Full Article > - Risks of walking away from mortgage debt
Bankrate.com – August 23, 2010
Michele Lerner discusses the potential consequences of strategic default on homeowners.
Click Here for Full Article > - Millions Walking Away from Mortgages Could Still be Helped
Housing Predictor – August 19, 2010
The Responsible Homeowner Reward program has been included as an alternative resource in Ohio’s Hardest Hit Fund.
Click Here for Full Article > - RH Reward Program Extends $90m to Borrowers for Staying Current on Mortgage
HousingWire – August 16, 2010
The Responsible Homeowner Reward Program has offered over $90 million to responsible homeowners for timely mortgage payements.
Click Here for Full Article > - An Incentive-Based Program Targets Strategic Defaulters
National Mortgage News – July 19, 2010
Loan Value Group, LLC was featured in an article in National Mortgage News on July 19th which addresses the benefits of the Responsible Homeowner Reward program.
Click Here for a Description of the Article > - The responsible homeowner reward: An incentive-based solution to strategic mortgage default
VoxEU.org – July 17, 2010
Wharton School of Finance Professor Alex Edmans analyzes the causes and negative effects of strategic default, and how the Responsible Homeowner Reward acts as a unique solution to the problem.
Click Here for Full Article > - Breaking down strategic default and the Responsible Homeowner Reward with Getting Your Money's Worth
Getting your Money's Worth – July 9, 2010
Loan Value Group Executive Vice President Frank T. Pallotta talks with Judith West about the options homeowners have when facing strategic default, as well as the benefits of the Responsible Homeowner Reward Program.
Click Here for the Interview > - More homeowners choose to default on loans
Marketwatch.com – May 17, 2010
Choosing not to pay has consequences beyond damaged credit scores. Frank Pallotta of the RH Reward team discusses how the program can help homeowners facing this decision.
Click Here for Full Article > - White House Considers Free Money
Housing Predictor – May 17, 2010
Housing Predictor compares the RH Reward program and some options being considered by the Obama administration.
Click Here for Full Article > - Responsible Homeowner Reward Program Incentivizes Making Your Payments
Bryan Ellis Real Estate Letter – May 8, 2010
Bryan Ellis discusses the merits and early successes of the RH Reward program.
Click Here for Full Article > - Loan Value Group's RH Reward Offerings Top $86 Million
DSNews.com – May 7, 2010
DSNews.com continues its coverage of the RH Reward program, noting the total of $86 million in total RH Rewards offered to date.
Click Here for Full Article > - Creative Solutions From Private Sector May Help Troubled Homeowners
NuWireInvestor.com – April 29, 2010
NuWire Investor discusses Loan Value Group's innovative RH Reward program, aimed at solving the problem of strategic default.
Click Here for Full Article > - Former Goldman Sachs Banker May Save Millions from Foreclosure
HousingPredictor.com – April 28, 2010
HousingPredictor.com discusses the effect that the RH Reward program is having for homeowners that are underwater on their mortgage.
Click Here for Full Article > - Strategic default? Foreclosure? Or a reward to stick it out?
Central Valley Business Times – April 28, 2010
Loan Value Group Executive Vice President Frank T. Pallotta discusses the RH Reward program with California's Central Valley Business Times.
Click Here for Full Article and the Interview > - NBC's Today Show Reports on Strategic Default
The Today Show – April 20, 2010
After meeting with Loan Value Group, Jeanne Chatzky addresses strategic default and an incentives-based solution on the Today Show.
Click Here for the Interview > - Loan Value Group rewards responsible homeowners through new program
Nationalmortgageprofessional.com – March 22, 2010
Loan Value Group is addressing the problems faced by many homeowners who continue to pay their mortgage on time.
Click Here for Full Article > - Underwater? Let’s make a deal!
National Public Radio Marketplace Money – March 12, 2010
Loan Value Group Executive Vice President Frank Pallotta speaks with NPR about how the RH Reward program offers an alternative to walking away from your mortgage. Click Here for the Interview > - Company Proposes Paying Homeowners Not to Walk Away
DS News – February 12, 2010
The Loan Value Group’s RH Reward program pays homeowners to not walk away.
Click Here for Full Article > - Stay or Walk Away: What if someone paid you?
Homeowner Help Radio – February 10, 2010
Loan Value Group Executive Vice President Frank Pallotta discusses the benefits of the RH Reward program
Click Here for the Interview > - Paying Even Current Homeowners to Stay
HSH Associates – February 10, 2010
Loan Value Group launches a program designed to reward current borrowers for making the rational decision to pay their mortgage.
Click Here for Full Article > - New Program Rewards Current Mortgage Borrowers
HousingWire - February 9, 2010
Loan Value Group has launched a new program that creates incentives to borrowers who remain current on their mortgage payments.
Click Here for Full Article > - Will Rewarding Borrowers Prevent Defaults?
Realtor.org - February 9, 2010
Realtor Magazine discusses the launch and strategy of the RH Reward program.
Click Here for Full Article > - Pay Borrowers to Pay Their Mortgage
Wall Street Journal – February 8, 2010
Loan Value Group Launches the Responsible Homeowner Reward Program.
Click Here for Full Article > - Paying People Not to Walk Away
New York Times – February 8, 2010
Underwater borrowers final have an option available that replaces lost equity.
Click Here for Full Article > - They'll pay you if you don't walk away
Listed: A Blog by MSN Real Estate – February 8, 2010
MSN’s Listed Real Estate blog discusses the merits of the RH Reward program given the challenges facing many homeowners today.
Click Here for Full Article > - Pay Homeowners Not to Walk Away From Their Mortgages
Relistr – February 8, 2010
The RH Reward, a new product from Loan Value Group, offers a solution for homeowners considering strategic default.
Click Here for Full Article >
