the obama loan modification plan 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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Obama unveils plan on housing - Arizona Republic


Politico
Obama unveils plan on housing
Arizona Republic
Separately, Obama said Wednesday that the Home Affordable Modification Program he announced in Mesa three years ago hasn't been nearly as successful as he hoped. That program encouraged lenders to modify loans, decreasing interest rates or extending ...
Obama Plans Assistance for Rentals, Mortgage RefinancingBusinessWeek
Obama Said to Plan Assistance for Home Mortgage RefinancingSan Francisco Chronicle
Obama announces more details on refinancing for underwater homeownersAZ Central.com (blog)
CNNMoney -LoanSafe
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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
Obama administration to extend and expand foreclosure relief programFox News
Obama Expands Foreclosure ProgramThe Root
USA TODAY (blog) -DigitalJournal.com (press release) -Bangor Daily News
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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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Obama Said to Plan Assistance for Home Mortgage Refinancing - Bloomberg


Bloomberg
Obama Said to Plan Assistance for Home Mortgage Refinancing
Bloomberg
Borrowers, even those who owe more than their homes are worth, would be able to refinance into loans guaranteed by the Federal Housing Administration. To pay for the program, Obama will ask Congress for a tax on financial companies with more than $50 ...
Obama Uses Housing as Foil to Romney's 'Hit Bottom' StrategyBusinessWeek
Obama plan aims to help borrowers refinanceDesMoinesRegister.com
Obama puts on community organizer hat to create National Section 8 programExaminer.com
Reuters -Inside NoVA
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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
US loosens mortgage aid requirementsPalm Beach Post
Obama administration expands foreclosure prevention programCNNMoney

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More about Obama Administration Expands Aid for Delinquent US Homeowners - BusinessWeek
A homeowner who fought foreclosure and won - Kansas City Star


Press TV
A homeowner who fought foreclosure and won
Kansas City Star
14, 2010, telling her that "within 30 days, you will hear from us about your eligibility for a loan modification." With that letter, at least according to the guidelines of Obama's program, no foreclosure can occur until a decision on the loan ...
How "Occupy Our Homes" Can WinHuffington Post (blog)

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Mortgage Modification Program Expanded to Investors, Others - LoanSafe


Christian Science Monitor
Mortgage Modification Program Expanded to Investors, Others
LoanSafe
Under an expansion of the Home Affordable Modification Program, investors can seek mortgage loan modifications for rental properties, regardless of whether the home is occupied by a tenant or it is vacant but the owner plans to rent it.
White House proposes new help for troubled mortgages. Too little, too late?Christian Science Monitor
Obama may be right, finally: Foreclosure plan better designed for states such ...Palm Beach Post (blog)
Foreclosure prevention plan has limited impactFinancial Times
Alaska Dispatch -Orlando Business Journal -Housing Wire
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More about Mortgage Modification Program Expanded to Investors, Others - LoanSafe
Homeowners struggle to get mortgage relief - Tulsa World


Homeowners struggle to get mortgage relief
Tulsa World
The programs are the government's response to a sluggish job market and housing market that has left many homeowners in Oklahoma facing foreclosure. President Barack Obama recently announced plans to increase incentives to private lenders that provide ...

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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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More about Obama's Next Bailout - Reason Online (blog)