obama loan modification qualifications latest news


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 ...
Fitch: Obama's Residential Proposal has Mixed PotentialBusiness Wire (press release)

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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.

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Obama's new housing refinance plan - Washington Post


Inman.com
Obama's new housing refinance plan
Washington Post
As Nakamura and Dennis report, a key part of the plan would allow qualified homeowners to refinance their mortgages at current historically low interest rates. Unlike earlier proposals, the new refinance measure would cover not only home loans ...
Obama administration details refinance plan for underwater borrowersInman.com
Boehner knocks Obama's new housing proposalCNN (blog)

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More about Obama's new housing refinance plan - Washington Post
Housing Recovery Plan Called Into Question - GlobeSt.com


Inland Empire News
Housing Recovery Plan Called Into Question
GlobeSt.com
With interest rates near zero, many are concerned that the US Treasury Department's third expansion of its Home Affordable Modification Program could create further stagnation, since many homeowners cannot qualify for loans to begin with.
Obama puts on community organizer hat to create National Section 8 programExaminer.com
Obama announces new housing refinance planInland Empire News

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Reducing Your Mortgage Interest Rate - Patch.com


Reducing Your Mortgage Interest Rate
Patch.com
Two days after Christmas, I received a surprise gift generated by the federal government through its incentives to banks to stimulate the economy by adjusting interest rates on current home loans for qualified borrowers. When I answered an unknown ...

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Homeowners struggle to get mortgage relief - Tulsa World


Homeowners struggle to get mortgage relief
Tulsa World
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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Foreclosures headed up, mortgage modifications going down - ScrippsNews


Foreclosures headed up, mortgage modifications going down
ScrippsNews
Most applicants who meet the income and other qualifications for loan modifications that would make their homes more affordable already have received assistance. The result is that a wave of homes whose owners do not qualify for a loan modification or ...

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More about Foreclosures headed up, mortgage modifications going down - ScrippsNews
What's in the Latest White House Proposals on Housing? - Wall Street Journal (blog)


Fox News
What's in the Latest White House Proposals on Housing?
Wall Street Journal (blog)
By Nick Timiraos AP President Barack Obama is set to give a speech Wednesday outlining his call for more help for the nation's housing markets, according to administration officials. Here's a preview of what's on the White House wish list: Extend ...
More Help For Struggling HomeownersSmartmoney.com (blog)

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A Face Of The Latino Foreclosure Crisis (VIDEO) - Huffington Post (blog)


A Face Of The Latino Foreclosure Crisis (VIDEO)
Huffington Post (blog)
Cristina and her husband applied for a loan modification through President Obama's program. They didn't qualify. Obama's new plan is to give "every responsible homeowner the chance to save about $3000 a year on their mortgage, by refinancing at ...

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Help may be on the horizon - Coeur d'Alene Press


Help may be on the horizon
Coeur d'Alene Press
Realtors are calling upon the Obama administration, Congress and lenders to help keep more people in their homes by taking more aggressive steps to modify loans and help homeowners significantly reduce their monthly mortgage payments.

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