loan modification under obama latest news


Letter: Obama fails to speed home-loan modifications - Florida Today


Letter: Obama fails to speed home-loan modifications
Florida Today
Before everyone gets too excited at our illustrious leader's claim he has commanded banks to help people refinance their home loans, remember three years ago when the president claimed he had commanded banks to help people modify their home loans.

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More about Letter: Obama fails to speed home-loan modifications - Florida Today
Obama Mortgage Refinancing Plan: A Bailout by Any Other Name - National Legal and Policy Center


National Legal and Policy Center

Obama Mortgage Refinancing Plan: A Bailout by Any Other Name
National Legal and Policy Center
Congress raised loan limits on FHA mortgages, thus expanding possibilities for Fannie Mae and Freddie Mac purchases and government-backed securitization. Congress under Bush enacted a highly generous tax credit for first-time homebuyers, ...
CAR applauds Obama's proposal to help troubled homeownersRealEstateRama (press release)
President Comes to Area, Announces Homeowners Bill of RightsVirginia Connection Newspapers

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More about Obama Mortgage Refinancing Plan: A Bailout by Any Other Name - National Legal and Policy Center
TEXT-Fitch: Obama's residential proposal has mixed potential - Reuters


TEXT-Fitch: Obama's residential proposal has mixed potential
Reuters
The effect of proposed increases in principle forgiveness incentives is also difficult to evaluate as so few of the HAMP loan modifications for private transactions have provided for principal forgiveness. One proposal that could positively affect the ...

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More about TEXT-Fitch: Obama's residential proposal has mixed potential - Reuters
Mortgage deal nears as holdout states join - Reuters


The Guardian

Mortgage deal nears as holdout states join
Reuters
MONEY BREAKDOWN Under the settlement, the banks would provide $17 billion in loan modifications for delinquent borrowers, but the actual homeowner benefits from modifications would be valued at $32.3 billion, according to a source familiar with the ...
Foreclosure settlement with major banks close to completionLos Angeles Times
Key Dates in the Foreclosure MessWall Street Journal (blog)
Bank foreclosure fraud settlement said nearWashington Post
Minneapolis Star Tribune -Baltimore Sun
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More about Mortgage deal nears as holdout states join - Reuters
HAMP Loan Program Expands, Too Little Too Late - Huffington Post


Chicago Tribune

HAMP Loan Program Expands, Too Little Too Late
Huffington Post
The federal government is taking another stab at helping struggling homeowners keep their homes by expanding its failed loan modification program. Many in the housing community said they think it's too little too late. Under new guidelines for the Home ...
Mortgage modification program expanded to investors, othersChicago Tribune
Obama administration to extend and expand foreclosure relief programFox News
Government Triples Payout to Servicers for Principal Reduction Under Revamp of ...National Mortgage Professional Magazine
USA TODAY (blog) -Learning and Finance
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More about HAMP Loan Program Expands, Too Little Too Late - Huffington Post
Vail Daily column: More on the Making Home Affordable Act - Vail Daily News


Housing Wire

Vail Daily column: More on the Making Home Affordable Act
Vail Daily News
In the first part of this series we identified the Making Home Affordable Act, the Obama Administration's initiative to help struggling homeowners get mortgage relief through mortgage modifications, interest rate reductions, refinancing, ...
Obama Admin's Mtg Mod Prog Helps Another 23k Homeowners In DecMNI News
Obama housing plan helps its one millionth homeownerAGBeat
Worst HAMP Month on RecordMortgage Daily
Examiner.com -Reuters -LoanSafe
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More about Vail Daily column: More on the Making Home Affordable Act - Vail Daily News
Home foreclosures decline, but completions rise - CBS News


Financial Post

Home foreclosures decline, but completions rise
CBS News
If you're a homeowner and have questions about whether you qualify for a loan modification or refinancing under the Home Affordable Refinance Program (also known as HARP 2.0), contact the Homeowner's HOPE hotline at 1-888-995-HOPE or go to ...
Push to Avert Foreclosures Hits Court LogjamNew York Times
Banks Paying Homeowners Up To $35000 To Sell Houses, Avoid Foreclosure: ReportHuffington Post

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More about Home foreclosures decline, but completions rise - CBS News
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.
Obama's Mortgage Plan About Politics, Not EconomicsU.S. News & World Report
A homeowner who fought foreclosure and wonGoErie.com
Refloating the housing marketLos Angeles Times
Washington Post -Center For American Progress
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More about Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets - Bloomberg
Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date - National Mortgage Professional Magazine


GlobeSt.com

Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date
National Mortgage Professional Magazine
The US Department of Housing & Urban Development (HUD) and the US Department of the Treasury have released the January edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation's housing market.
OBAMA ADMINISTRATION RELEASES JANUARY HOUSING SCORECARDRealEstateRama (press release)

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Obama Plans Assistance for Rentals, Mortgage Refinancing - BusinessWeek


Politico

Obama Plans Assistance for Rentals, Mortgage Refinancing
BusinessWeek
Borrowers, even those who owe more than their homes are worth, would be able to refinance into loans guaranteed by the Federal Housing Administration. To pay for the program, Obama will ask Congress for a tax on financial companies with more than $50 ...
Obama unveils plan on housingTucson Citizen
Obama proposes refinancing planCNNMoney
Boehner knocks Obama's new housing proposalCNN (blog)

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More about Obama Plans Assistance for Rentals, Mortgage Refinancing - BusinessWeek