obama mortgage loan modification program latest news
| Loan modification program in Phoenix helps fewer than expected |
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A year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped. |
| Help for homeowners who haven't missed a payment |
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Borrowers who are up-to-date with their payments but have seen their home's value drop way below their loan amount could get help from a new government program. |
| Underwater borrowers aid: Just more red tape? |
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Arguably the most revealing part of the Obama administration's latest plan for underwater borrowers is contained deep in an Associated Press story. |
| The FHA’s ‘Short Refinance’ Program: Frequently Asked Questions |
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Here are some answers to the most frequently asked questions about the FHA's 'Short Refinance' program. |
| White House to Deploy Broader Mortgage Aid- YOU DECIDE: Best Way to Stoke Economy? |
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The Obama administration on Tuesday will launch its most ambitious effort at reducing mortgage balances for homeowners who owe more than their homes are worth. |
| Rescue from foreclosure? Frustration, anger grow |
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When he tried to change the terms of his home loan, Michael Guzman was rejected because the bank didn't consider his joblessness a long-term hardship. |
| Mary Bottari: Welcome Mr. President, but Laverne and Shirley Don't Work Here Anymore |
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MILWAUKEE. -- For many Americans Lavern and Shirley remain the enduring icons of the city of Milwaukee. Barack Obama was a teenager when the sitcom... |
| First Person: On Foreclosures, Who's at Fault, Banks or Homeowners? |
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The Associated Press reported recently that nearly half of all enrollees in the Obama administration's flagship mortgage-relief program have dropped out. A CNN Money report on Monday lauds the nation's banks, suggesting that while the government Home Affordable Modification Program is failing, banks are stepping up with their own modification terms to rescue financially strapped homeowners from ... |
| ANALYSIS: Obama running out of options to aid housing market |
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A further downturn in the battered US housing market has put the Obama administration in a tough spot with few tools to stem foreclosures ahead of congressional elections in which Democrats face big losses. |
| Mortgage Modifications Still Face Struggles in Struggling Economy |
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Mortgage modifications are something both the Obama administration and banks are providing for delinquent home owners in an attempt to help the economy. But as much as banks and the Home Affordable Mortgage Program launched by President Obama are trying to help, still others are weary of how genuine the programs are. “Sometimes lenders push modifications forward, but often they let them die on ... |