obama loan modification help latest news


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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You're talking about: Obama's plan to help homeowners - Inside NoVA


Bloomberg
You're talking about: Obama's plan to help homeowners
Inside NoVA
President Barack Obama is urging Congress to consider a plan that would allow homeowners with underwater loans to refinance at lower rates. We asked our Facebook readers what they thought. Here are some of their responses: Donna Shea My question is ...
Obama plan aims to help borrowers refinanceDesMoinesRegister.com
Obama Uses Housing as Foil to Romney's 'Hit Bottom' StrategyBusinessWeek
Obama Said to Plan Assistance for Home Mortgage RefinancingBloomberg
MarketWatch (press release) -Reuters -Washington Post (blog)
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Obama Plans Assistance for Rentals, Mortgage Refinancing - San Francisco Chronicle


Politico
Obama Plans Assistance for Rentals, Mortgage Refinancing
San Francisco Chronicle
The president, following up on a promise made during his State of the Union speech last week, will ask Congress for a tax on large banks in order to help homeowners refinance into government-insured Federal Housing Administration loans, the White House ...
Obama unveils plan on housingArizona Republic
Obama proposes refinancing planCNNMoney
Boehner knocks Obama's new housing proposalCNN (blog)
AZ Central.com (blog)
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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
By GRETCHEN MORGENSON Years before the housing bust — before all those home loans turned sour and millions of Americans faced foreclosure — a wealthy businessman in Florida set out to blow the whistle on the mortgage game. His name is Nye Lavalle, ...
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)

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HAMP Loan Program Expands, Too Little Too Late - Huffington Post


USA TODAY (blog)
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 ...
Obama extends mortgage help programUSA TODAY (blog)
Obama administration to extend and expand foreclosure relief programFox News
Obama Expands Foreclosure ProgramThe Root
DigitalJournal.com (press release) -Bangor Daily News
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White House proposes new help for troubled mortgages. Too little, too late? - Christian Science Monitor


Christian Science Monitor
White House proposes new help for troubled mortgages. Too little, too late?
Christian Science Monitor
President Obama on Friday proposed to sweeten a deal from Washington to entice banks to modify payments, lower loan principal, and expand eligibility in order to help more of the 11 million American families sinking under their mortgages.
Obama may be right, finally: Foreclosure plan better designed for states such ...Palm Beach Post (blog)
Foreclosure prevention plan has limited impactFinancial Times
Mortgage Modification Program Expanded to Investors, OthersLoanSafe
Orlando Business Journal -Housing Wire
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Skepticism greets new federal plan to help homeowners - Tampabay.com


Skepticism greets new federal plan to help homeowners
Tampabay.com
By Mark Puente, Times Staff Writer Hoopla and headlines follow the announcement of each new federal program to help distressed homeowners, as they did last week when President Obama detailed his latest initiative. But five years into the housing bust, ...

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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
Treasury Announces New HAMP Changes With Greater Eligibility, More Principal ...Firedoglake

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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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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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