Home Affordable Modification

Home Foreclosures Jump In 3rd Quarter: Regulators

Posted 05.25.2011

Read More: 3rd Quarter Foreclosures, Home Affordable Modification, Housing Crisis, Housing Market, Loan Modifications, Home Foreclosures Jump, Home Foreclosures, Business News

WASHINGTON (By Dave Clarke) - U.S. home foreclosures jumped in the third quarter and banks' efforts to keep borrowers in their homes dropped as the h...

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Treasuryy Department: Subprime Lenders To Get Most Of $75 BillionWe're Paying WHOM to Fix Subprime Mortgages?

Mother Jones | Andy Kroll | Posted 05.25.2011

Read More: Treasury Department, Subprime Mortgages, Center for Public Integrity, Home Affordable Modification Program, Subprime Mortgage Crisis, Mortgage Crisis, Home Affordable Modification, Subprime Loan Crisis, Housing Crisis, Business News

The Treasury Department has allocated $75 billion to entice lenders to let beleaguered borrowers stay in their homes. And the companies getting most o...

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Obama Foreclosure

nytimes.com | PETER S. GOODMAN | Posted 05.25.2011

Read More: Foreclosures, Hamp, Foreclosure Crisis, Loan Modification, Making Home Affordable, Mortgage Modification, Home Affordable Modification, Homeowners, Obama, Business News

The Treasury was still debating the method, these banking representatives said, looking at either direct cash assistance or a grace period in which bo...

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Shahien Nasiripour

Report: Housing Prices Could Tumble Again If More Foreclosures Aren't Prevented

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Foreclosure Crisis, Hamp, Credit Suisse, Housing, Home Affordable Modification, Financial Crisis, Housing Crisis, Homeowners, Home Prices, Video, Business News

Foreclosure prevention efforts need to become vastly more effective or housing prices will resume their tumble, according to a new report by Credit Su...

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Home Rescue Plan Delaying, Not Solving Crisis

Reuters | Nick Carey & Al Yoon | Posted 05.25.2011

Read More: Rescue Plan, Home Rescue Plan, Housing, Home Rescue, Making Home Affordable Program, Home Affordable Modification, Housing Crisis, Recession, Business News

Within weeks of taking office, U.S. President Barack Obama rode to the rescue of homeowners resigned to financial ruin. Obama, grappling with the wor...

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HAMP Is Failing, Government May Reconsider Forgiving Homeowner Debt: Barclays

ftalphaville.ft.com | Tracy Alloway | Posted 05.25.2011

Read More: Mortgages, Principal Reducion, Hamp, Loan Modification, Making Home Affordable, Home Affordable Modification, Barclays, Business News

...

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Shahien Nasiripour

The Economist The Obama Administration Should Have Listened To

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Loan Modification, Subprime Mbs, Making Home Affordable, Geanakoplos, John Geanakoplos, Home Affordable Modification, Loan Mods, Mbs, Mortgages, Hamp, Bailout Bandits, Subprime Mortgages, Bailout, New York Times, Susan Koniak, Mortgage-Backed Securities, Home Loan Mods, The Economist, The Economist That Obama Should Have Listened To, Business News

Eight months ago, the Obama administration launched a plan to help troubled homeowners avoid foreclosure by providing $75 billion in taxpayer funds to...

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Obama's Loan Modification Plan 'Destined To Fail': Amherst Securities (TRANSCRIPT)

Posted 05.25.2011

Read More: Hamp, Mortgage Modifications, Loan Modifications, Laurie Goodman, First American CoreLogic, Foreclosues, Home Affordable Modification, House Financial Services Committee, Negative Equity, Underwater Mortgages, Video, Business News

In Congressional testimony today, a mortgage market expert offered scathing criticism of the Obama administration's plan to help distressed homeowners...

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Shahien Nasiripour

Mortgage Loan Modification: More Offers Extended, Fewer Homeowners Accepting -- Are Homeowners Losing Hope?

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Mortgages, Treasury Department, Loan Modifications, Mortgage Modification, Making Home Affordable, Mortgage Servicers, Behavioral Economics, Home Affordable Modification, Mortgage Crisis, Financial Crisis, Obama Administration, Homeowners, Business News

While the Obama administration and reporters trumpet the fact that the administration is about a month early in reaching its stated goal of modifying ...

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Shahien Nasiripour

Securitization Is Back! Investor-Owned Mortgages Have High Re-Default Rates, Says Report

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Freddie Mac, Foreclosures, Occ, Laurie Goodman, Home Affordable Modification, Homeowners, Making Home Affordable, Securitized Mortgages, Fannie Mae, Barack Obama, Securitization, Mortgages, Foreclosure Crisis, Office of the Comptroller of the Currency, Homeownership, Hamp, Office of Thrift Supervision, Ots, Financial Crisis, Housing Crisis, Video, Business News

The securitization of mortgage loans has been blamed for helping cause the financial crisis -- and now it seems to be complicating recovery efforts. ...

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Shahien Nasiripour

For The "Lucky Few" Who Renegotiate Their Mortgages, Towering Debt Remains

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Subprime Mortgages, Loan Modifications, Subprime Mortgage Crisis, Mortgage Crisis, Home Affordable Modification, Financial Crisis, Homeowners, Congressional Oversight Panel, Business News

A Huffington Post analysis of recent mortgage-modification data shows that even those relatively few homeowners fortunate enough to renegotiate their ...

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Shahien Nasiripour

Obama Administration To Shame Lenders That Don't Offer To Modify Mortgages

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Making Home Affordable, Elizabeth Warren, Mortgage Servicers, Mha, Home Affordable Modification, Homeowners, Barack Obama, Mortgages, Hamp, Bailout Bandits, Loan Modifications, Bailout, Financial Crisis, Foreclosure, Congressional Oversight Panel, Business News

Its signature foreclosure-prevention plan having definitively failed to actually help very many homeowners, the Obama administration today announced ...

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Making Home Affordable: The Waiting Game

HuffPost's Eyes & Ears | Margo Irvin | Posted 05.25.2011

Read More: Loan Modifications, Making Home Affordable, Bailout, Home Affordable Modification, Financial Crisis, Foreclosure, Housing Crisis, Dispatches From the Displaced, Recession, Mortgage Crisis, Business News

Last week, the US Treasury reported that only 9% of eligible homeowners had been helped by the Obama Administration's Making Home Affordable program. ...

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Banks Still Cheating People Out of Their Homes

Mike Elk | Posted 05.25.2011

Read More: Evan Bayh, Loan Modifications, Predatory Lending, Making Home Affordable, Wall Street, Campaign Contributions, Lobbyists, Dick Durbin, Blue Dogs, Home Affordable Modification, Max Baucus, Foreclosure, Center for American Progress, Cramdown, Business News
Mike Elk

We can't allow Wall Street to go on cheating people out of the most important possession of their lives -- their home.

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Homeowners Seeking "Making Home Affordable" Loan Modifications Frustrated By Inefficiency

Huffington Post | Margo Irvin | Posted 05.25.2011

Read More: Home Affordable Modification, Foreclosure, Loan Modifications, Making Home Affordable, Dispatches From the Displaced, Mha, Housing Crisis, Ee, Loan Modification, Home News

Lost paperwork, miscommunications and delays are some of the difficulties homeowners face in the loan modification process.

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Obama's Homeowners' Bailout: Is It Really Making Home Affordable?

Huffington Post | Margo Irvin | Posted 05.25.2011

Read More: Obama Housing Crisis, Homeowners Bailout, Home Affordable Refinance Program, Making Home Affordable, Ocwen, Mortgage Crisis, Home Affordable Modification, Dispatches From the Displaced, Housing Crisis, Ee, Home Foreclosures, Bailout, Zombeck, Home Affordable Modification Program, Business News

The $75 billion "homeowners' bailout" may only delay the inevitable for many who currently face foreclosure.

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Obama's Homeowners' Bailout: Is It Working?

Posted 05.25.2011

Read More: Making Home Affordable, Bailout, Obama Bail Out, President Obama, Obama Homeowner Bailout, Home Affordable Modification, Financial Crisis, Foreclosure, Dispatches From the Displaced, Barack Obama, Housing Crisis, Home Foreclosures, Ee, Business News

In our series, Dispatches from the Displaced, HuffPost's Eyes & Ears has highlighted the stories of Americans who are facing foreclosure or who have a...

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