obama admisitration loan modification latest news


HOUSING: Obama rolls out foreclosure relief plan - Press-Enterprise


Bloomberg
HOUSING: Obama rolls out foreclosure relief plan
Press-Enterprise
Some of the changes — increasing access to the Obama administration's loan modification program, giving lenders greater incentive to make mortgages affordable through principal reduction, and converting vacant homes in struggling neighborhoods to ...
Obama Said to Plan Assistance for Home Mortgage RefinancingBloomberg
Obama plan aims to help borrowers refinanceDesMoinesRegister.com
Experts react to Obama's new housing planWashington Post (blog)
Reuters -BusinessWeek
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Deal Is Closer for a US Plan on Mortgages - New York Times


Deal Is Closer for a US Plan on Mortgages
New York Times
With a deadline looming Monday for state officials to sign onto a landmark multibillion-dollar settlement to address foreclosure abuses, the Obama administration is close to winning support from crucial states that would significantly expand the ...

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Obama Said to Plan Assistance for Home Mortgage Refinancing - San Francisco Chronicle


Politico
Obama Said to Plan Assistance for Home Mortgage Refinancing
San Francisco Chronicle
Obama will ask Congress for a tax on large banks in order to help homeowners refinance into government-insured Federal Housing Administration loans, said the official, who requested anonymity in advance of the formal announcement.
Obama Plans Assistance for Rentals, Mortgage RefinancingBusinessWeek
Obama proposes refinancing planCNNMoney
Obama Proposes New Home Loan Refinancing PlanNBC Montana
CNN (blog) -Philadelphia Inquirer -Washington Post
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More about Obama Said to Plan Assistance for Home Mortgage Refinancing - San Francisco Chronicle
Obama Administration Expands Aid for Delinquent US Homeowners - BusinessWeek


Bloomberg
Obama Administration Expands Aid for Delinquent US Homeowners
BusinessWeek
28 (Bloomberg) -- The Obama administration, seeking to help more homeowners lower their interest rates and shed mortgage debt, will relax the rules on a federal loan- modification program and triple its incentives to banks. The revised Home Affordable ...
Obama administration bolsters homeowner lifelineReuters
Obama administration expands foreclosure prevention programCNNMoney
US loosens mortgage aid requirementsPalm Beach Post

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More about Obama Administration Expands Aid for Delinquent US Homeowners - BusinessWeek
Mortgage modification program expanded to investors, others - Chicago Tribune


Chicago Tribune
Mortgage modification program expanded to investors, others
Chicago Tribune
The Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills and ...
Obama administration to extend and expand foreclosure relief programFox News
Home-Aid Program ExpandedWall Street Journal
Administration to extend homeowner aid programLas Vegas Review - Journal
Sacramento Bee
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Mortgage hurricane warning from Florida businessman went unheeded - Sarasota Herald-Tribune


RisMedia.com
Mortgage hurricane warning from Florida businessman went unheeded
Sarasota Herald-Tribune
What Fannie Mae knew about abusive foreclosure practices, and when it knew it, are crucial questions as Congress and the Obama administration weigh the future of the company and its cousin, Freddie Mac. These giants eventually blew themselves apart and ...
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)

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Obama administration bolsters homeowner lifeline - Reuters


Fox News
Obama administration bolsters homeowner lifeline
Reuters
When the administration launched the program in 2009, it expected as many as 4 million loans would be modified. So far, only about 900000 households have permanently won new loan terms. As of the end of last year, only about $3 billion had been spent ...
What's in the Latest White House Proposals on Housing?Wall Street Journal (blog)
Corker Obama s Principal Write-down Proposal for Underwater Home Mortgages is ...PoliticalNews.me (press release)
Treasury Investigates Freddie Mac InvestmentNew York Times
MNI News -Huffington Post -AGBeat
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More about Obama administration bolsters homeowner lifeline - Reuters
Obama's Next Bailout - Reason Online (blog)


Reason Online (blog)
Obama's Next Bailout
Reason Online (blog)
But in the wake of changes to the federal refinance program announced in the State of the Union address last week, the Obama administration is now seeking to relax the rules on its loan modification program to increase its impact.

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Obama Administration Announces Pilot Program to Help Rural Borrowers Refinance ... - MMD Newswire (press release)


Obama Administration Announces Pilot Program to Help Rural Borrowers Refinance ...
MMD Newswire (press release)
In 2010, USDA Rural Development established an aggressive modification policy for Guaranteed Loans that helps homeowners who are delinquent on their mortgages. These homeowners can lower their monthly payments through a loan modification that ...

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More about Obama Administration Announces Pilot Program to Help Rural Borrowers Refinance ... - MMD Newswire (press release)
Homeowners struggle to get mortgage relief - Tulsa World


Homeowners struggle to get mortgage relief
Tulsa World
He said he first contacted Chase bank for a mortgage modification in December 2010. The Obama administration last month said that it will expand the foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes.

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