barack obama loan modification latest news


Banks Have Little Incentive to Prevent Foreclosure - LoanSafe


Banks Have Little Incentive to Prevent Foreclosure
LoanSafe
In 2009, President Barack Obama unveiled a loan modification program designed to help struggling homeowners restructure their mortgages and keep their homes. But after nearly three years and billions of dollars later, homes across the country continue ...

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Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets - Bloomberg


Bloomberg
Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets
Bloomberg
Enlarge image Housing Stress Rises Despite Fed's Efforts Housing Stress Rises Despite Fed's Efforts Joshua Lott/Getty Images Homeowner Marie Piantino waits to see if she qualifies for a home modification loan in Phoenix.
A homeowner who fought foreclosure and wonGoErie.com
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)
Rewarding Homeowners for Good BehaviorCenter For American Progress

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Obama unveils plan on housing - Tucson Citizen


Politico
Obama unveils plan on housing
Tucson Citizen
01, 2012, under Arizona Republic News President Barack Obama is proposing new legislation that would change the way houses are bought, sold and refinanced as an effort to stabilize the nation's ailing housing system. One immediate goal of the so-called ...
Obama Plans Assistance for Rentals, Mortgage RefinancingBusinessWeek
Obama announces more details on refinancing for underwater homeownersAZ Central.com (blog)
Obama pitches new housing refinance planPioneer Press
Press TV
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Mortgage deal nears as holdout states join - Reuters


Mortgage deal nears as holdout states join
Reuters
The settlement has been billed as complementing other government programs designed to boost the housing market that has been a drag on the economic recovery, a key issue for President Barack Obama as he fights for re-election in November.

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President Comes to Area, Announces Homeowners Bill of Rights - Virginia Connection Newspapers


President Comes to Area, Announces Homeowners Bill of Rights
Virginia Connection Newspapers
President Barack Obama spoke at the James Lee Community Center in Falls Church on Wednesday, Feb. 1, about his plans to revitalize the stalled housing market. His speech was short and pointed. Photo by Victoria Ross. By Victoria Ross Fairfax County ...

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Obama Said to Plan Assistance for Home Mortgage Refinancing - Bloomberg


Bloomberg
Obama Said to Plan Assistance for Home Mortgage Refinancing
Bloomberg
Enlarge image Obama Plans Assistance for Rentals, Mortgage Refinancing Obama Plans Assistance for Rentals, Mortgage Refinancing Matthew Staver/Bloomberg Champion Home Builders Inc. in Flint on Oct. 26, 2011. Play Video Play Video President Barack Obama ...
HOUSING: Obama rolls out foreclosure relief planPress-Enterprise
Obama plan aims to help borrowers refinanceDesMoinesRegister.com
Obama presses Congress to step up aid for homeownersReuters
BusinessWeek -GlobeSt.com
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Realtor: Banks have no incentive to avoid foreclosure - Yuma Sun


Realtor: Banks have no incentive to avoid foreclosure
Yuma Sun
BY DARREN DARONCO - SUN STAFF WRITER In 2009, President Barack Obama unveiled a loan modification program designed to help struggling homeowners restructure their mortgages and keep their homes. But after nearly three years and billions of dollars ...


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Homeowners Struggle to Get Mortgage Relief - LoanSafe


Homeowners Struggle to Get Mortgage Relief
LoanSafe
President Barack Obama recently announced plans to increase incentives to private lenders that provide mortgage relief to homeowners. Mike Wise, 44, lost his job in April 2009 and sought mortgage relief as he looked for a new job.

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Home-Aid Program Expanded - Wall Street Journal


Chicago Tribune
Home-Aid Program Expanded
Wall Street Journal
The changes represent the latest overhaul of the administration's foreclosure-prevention efforts, which President Barack Obama launched three years ago. The administration has fallen far short of its original goal of modifying three million to four ...
Mortgage modification program expanded to investors, othersChicago Tribune
Administration to extend homeowner aid programLas Vegas Review - Journal
Mortgage modification program will be extended for 1 year, expanded for ...Washington Post

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Analysis: Banks expect to spend less on bad mortgages - Reuters


Analysis: Banks expect to spend less on bad mortgages
Reuters
By Rick Rothacker and David Henry (Reuters) - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans.

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