making home affordable

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Latest blogosphere posts tagged “making home affordable”

• Ohio Among States Least Helped By Fed Foreclosure Plan

  
  LoanWorkout.org — Authority: 146
  A new study shows that Ohio is one of the states least helped by President Barack Obama’s plan to help borrowers in trouble. It’s a distinction the state can hardly afford. Ohio has long been one of the worst hit states in the country’s foreclosure crisis. ideastream®’s Mhari Saito reports.According to the US ...
  1 week ago

• Government Foreclosure Plan Causing Much Confusion

  
  LoanWorkout.org — Authority: 146
  For help she turned to “Making Home Affordable,” or MHA, the Obama administration’s program to help homeowners facing financial hardship, refinance their mortgages and avoid foreclosure.For the Shrauners, it sounded like the perfect solution: a chance to cut their payments and keep their home.But it wasn’t ...
  1 week ago

• Trial Modifications Are Criminal

  
  LoanWorkout.org — Authority: 146
  The Obama administration is busy touting the burgeoning success of its mortgage modification program. Unfortunately, it’s a farce: Out of one side of his mouth, the President touts a dedication to the besieged middle class, while from the other, lauds a loan modification program which steals money from struggling ...
  1 week ago

• Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short

  
  On The Hill — Authority: 427
  by Paul Kiel, ProPublica For months, housing advocates have complained that mortgage servicers are wrongfully denying homeowners’ applications for the administration’s $50 billion mortgage modification program . Last week, the Treasury Department took a step to address those concerns: For the first time, it ...
  1 week ago

• First-Time Buyers Are Almost Half of Today’s Home Purchasers

  
  Move Trends Real Estate Blog - The Leader in Online Real Estate — Authority: 143
  First-time home buyers make up almost half of today’s home purchasers, according to the Move.com Homeownership Survey released yesterday. Though the economy is still recovering, almost ten percent of consumers say they plan to buy a home in the next two years, while 5.4 percent plan to purchase in the next 12 ...
  2 weeks ago

• Homeowners Not Happy With Government Housing Fix

  
  LoanWorkout.org — Authority: 146
  Trillions spent on propping up banks, buying mortgages, tax credits and new programs designed to lower payments and prevent foreclosures. And yet a new survey from Move Inc., the parent of Realtor.com, says Americans are growing increasingly dissatisfied with how Washington is handling the housing mess.The October ...
  2 weeks ago

• Obama Administration Won’t Release Mortgage Modification Figures; Sense on Cents Already Did

  
  Sense on Cents — Authority: 480
  No news is good news, right? Well, that may work in raising teenagers but when it comes to public policy in general and housing policy specifically the American public deserves to know what is going on. Why? American taxpayers are picking up the tab, that’s why. Regrettably, our wizards in Washington are often ...
  2 weeks ago

• Video: US Treasury Loan Modification Program Debated on CNBC

  
  LoanWorkout.org — Authority: 146
  The Treasury Dept. is out with its loan modification status report. Officials claim the rescue program is on track, but is there something they’re holding back? Susan Wachter, of Wharton; Howard Glaser, a mortgage industry consultant; and CNBC’s Diana Olick discuss.
  2 weeks ago

• Government foreclosure plan is working, but how good is the question

  
  LoanWorkout.org — Authority: 146
  The number of homeowners getting help from the government’s massive foreclosure program is growing, according to data released Tuesday, but it is unclear how many of these borrowers might still lose their homes.Under the effort, called Making Home Affordable, lenders are paid to lower a borrower’s mortgage ...
  2 weeks ago

• 4 New York Homeowners Sue Aurora Loan Services

  
  LoanWorkout.org — Authority: 146
  NEW YORK — Four New York City homeowners have filed a lawsuit charging they were denied access to a federal home-refinancing program.The plaintiffs are homeowners in Brooklyn and Queens who have mortgages serviced by Aurora Loan Services.They are charging that Aurora denied them access to the Obama ...
  2 weeks ago

• Fannie Mae Deed for Lease Program Allows Homeowners to Rent Back

  
  LoanWorkout.org — Authority: 146
  WASHINGTON, DC — Fannie Mae (FNM/NYSE) is implementing the Deed for Lease™ Program under which qualifying homeowners facing foreclosure will be able to remain in their homes by signing a lease in connection with the voluntary transfer of the property deed back to the lender.“The Deed for Lease Program provides ...
  2 weeks ago

• Fannie Turning Borrowers Into Renters

  
  HSH Associates Financial News Blog — Authority: 135
  Fannie Mae is expected to release the details of a program today that will turn struggling homeowners into renters. The “Deed for Lease Program” (DLP) allows delinquent homeowners to rent their home for up to a year instead of being foreclosed upon. Wisely, Fannie hasn’t yet said how many borrowers are expected ...
  3 weeks ago

• Panel: Government Foreclosure Plan Failing to Help Homeowners

  
  LoanWorkout.org — Authority: 146
  PHOENIX — Months after President Barack Obama came to Phoenix to announce his plans to fix the foreclosure crisis, some experts and homeowners say a key component of the program is not working.“From the consumer’s point, it’s a failure,” said Kevin Hardin, Thomson Conant Mortgage Mediation Group ...
  3 weeks ago

• Homeowners: “Hey Congress, Get Off Your A**” – PLEASE SIGN THE PETITION

  
  LoanWorkout.org — Authority: 146
  If you are a homeowner and want to unite with other homeowners fighting to save their homes, please sign the petition below in order to help us help you.Divided we fall and united we stand!By Richard Zombeck, the members of LoanSafe.org & Huffington Post:So, while the banks, servicers, and lenders are waiting ...
  3 weeks ago

• There’s A Reason Refis Aren’t Getting Any Attention

  
  HSH Associates Financial News Blog — Authority: 135
  You don’t hear much about the Federal refinancing effort these days. In what started out as the focal point of the Treasury’s two-pronged attack on the housing crisis, soon became dwarfed by the rescue’s other facet: modification. So why haven’t we heard much about the Making Home Affordable refinancing ...
  4 weeks ago

• Freddie Mac, Given Oversight of Mortgage Mod Program, Falls Down on Job

  
  The Public Record — Authority: 477
  Alex Wong/Getty Images This story was reported by ProPublica’s Paul Kiel Since its March launch, the government’s $50 billion program to prevent foreclosures has been marked by confusion, delays and doubts . A little-noticed conclusion in a government report released on Wednesday reveals that the ...
  4 weeks ago

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