obama new loan modification latest news


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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More about Mortgage hurricane warning from Florida businessman went unheeded - Sarasota Herald-Tribune
Deal Is Closer for a US Plan on Mortgage Relief - New York Times


Deal Is Closer for a US Plan on Mortgage Relief
New York Times
With a deadline looming on 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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More about Deal Is Closer for a US Plan on Mortgage Relief - New York Times
Obama unveils plan on housing - Tucson Citizen


Politico

Obama unveils plan on housing
Tucson Citizen
01, 2012, under Arizona Republic News President Barack Obama is proposing new legislation that would change the way houses are bought, sold and refinanced as an effort to stabilize the nation's ailing housing system. One immediate goal of the so-called ...
Obama Proposes New Home Loan Refinancing PlanNBC Montana
Obama Plans Assistance for Rentals, Mortgage RefinancingBusinessWeek
Boehner knocks Obama's new housing proposalCNN (blog)
Washington Post
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More about Obama unveils plan on housing - Tucson Citizen
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
McPherson has owned his home since 1974 but was recently denied a loan modification request. Three years after the foreclosure crisis began, the process to apply for a loan modification remains a bureaucratic nightmare. President Obama on Friday ...
New White House plan for troubled mortgages, but too late?Alaska Dispatch
Mortgage Modification Program Expanded to Investors, OthersLoanSafe
Foreclosure prevention plan has limited impactFinancial Times
Palm Beach Post (blog) -Orlando Business Journal -Housing Wire
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More about White House proposes new help for troubled mortgages. Too little, too late? - Christian Science Monitor
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
Home Loan Modification Foreclosure Prevention Programs; Federal Finance ...Learning and Finance
Obama Expands Foreclosure ProgramThe Root
DigitalJournal.com (press release) -USA TODAY (blog) -Bangor Daily News
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More about HAMP Loan Program Expands, Too Little Too Late - Huffington Post
Obama Uses Housing as Foil to Romney's 'Hit Bottom' Strategy - BusinessWeek


Fox News

Obama Uses Housing as Foil to Romney's 'Hit Bottom' Strategy
BusinessWeek
The Obama administration already has tried to bolster the housing market with initiatives from loan modification programs to temporary tax credits for home purchases. Obama used the unveiling of his latest plan to sharpen the contrast with his ...
Obama plan aims to help borrowers refinanceDesMoinesRegister.com
Obama presses Congress to step up aid for homeownersReuters
Experts react to Obama's new housing planWashington Post (blog)
Inside NoVA -The News Journal
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More about Obama Uses Housing as Foil to Romney's 'Hit Bottom' Strategy - BusinessWeek
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
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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More about A Face Of The Latino Foreclosure Crisis (VIDEO) - Huffington Post (blog)
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 ...


More about Realtor: Banks have no incentive to avoid foreclosure - Yuma Sun
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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