Home Affordable Modification Program

Crucial Voters Disapprove Of Obama's Handling Of Housing Crisis: Poll

The Huffington Post | Dave Jamieson | Posted 05.16.2012

Independent voters in several battleground states are sour on President Barack Obama's handling of the housing crisis, according to polling data relea...

Fannie Mae's Approval of Mortgage Principal Reductions Gets the Silent Treatment

Anna Cuevas | Posted 05.04.2012

Anna Cuevas

Edward DeMarco, Acting Director of the FHFA, indicated that additional analysis would have to be performed to determine the long-term benefits of principal reductions.

IMF Lends Support to Loan Modifications Including Principle Reductions

Anna Cuevas | Posted 04.30.2012

Anna Cuevas

The IMF's public approval of mortgage reductions, as well as reform in the financial sector, is intended to provide support to the economy and reignite a healthy increase in lending, which will spur economic and job growth.

Whistleblower: BofA Kept Homeowners Out Of Government Program

Reuters | Posted 05.07.2012

By Jessica Dye NEW YORK, March 7 (Reuters) - Bank of America NA prevented homeowners from receiving mortgage-loan modifications unde...

Arthur Delaney

Obama Administration Lets Banks Out Of Doghouse For Bad Mortgage Servicing

HuffingtonPost.com | Arthur Delaney | Posted 03.02.2012

WASHINGTON -- The Obama administration announced Friday that as part of a recent $25 billion settlement with big banks, the government will release mo...

Banks Paying Homeowners To Sell Houses, Avoid Foreclosure

The Huffington Post | Jillian Berman | Posted 02.07.2012

Some struggling homeowners are getting paid by banks to sell their houses and stave off foreclosure. Many banks, including JPMorgan Chase, are off...

Mark Gongloff

HAMP Homeowner Help Still Coming Too Slowly

HuffingtonPost.com | Mark Gongloff | Posted 02.06.2012

The Obama administration continues to make halting gains in its efforts to help struggling homeowners, according to a new self-assessment released tod...

The Federal Reserve Discourages Foreclosures

Anna Cuevas | Posted 03.10.2012

Anna Cuevas

It took a while -- years, in fact -- but the Federal Reserve is finally stepping into the foreclosure crisis.

Arthur Delaney

Administration Shames Banks For Poor Performance In Anti-Foreclosure Program

HuffingtonPost.com | Arthur Delaney | Posted 12.07.2011

The Obama administration chided two of the nation's biggest banks Wednesday for failing to improve their performance in the administration's signature...

Arthur Delaney

Fed-Up Judge: 'Somewhere, Someone Has To Stand Up'

HuffingtonPost.com | Arthur Delaney | Posted 11.15.2011

Georgia Judge Dennis Blackmon is fed up with bailed-out banks refusing to help strapped homeowners. "Sometimes, only the courts of law stand to pr...

Are the Banks Still Coming for Your House?

Daniel Cubias | Posted 01.06.2012

Daniel Cubias

Depending on whom you ask, the housing crisis is over, still going on, or entering a new and far more sinister phase.

Arthur Delaney

White House Doubles Down On Mortgage Modification Spin

HuffingtonPost.com | Arthur Delaney | Posted 12.18.2011

WASHINGTON -- President Obama said in 2009 that his flagship anti-foreclosure scheme would "enable as many as 3 to 4 million homeowners to modify the ...

Arthur Delaney

Anti-Foreclosure Plan Sees Third Straight Month Of Dwindling New Modifications

HuffingtonPost.com | Arthur Delaney | Posted 12.05.2011

WASHINGTON -- For the third consecutive month, the Obama administration's signature housing help plan posted the lowest numbers of preliminary mortgag...

Arthur Delaney

WATCH: Obama Administration Launches Sad Anti-Foreclosure PSA

HuffingtonPost.com | Arthur Delaney | Posted 11.14.2011

WASHINGTON -- The Obama administration on Wednesday unveiled a new TV advertisement for its anti-foreclosure programs. The spot shows stone-faced ...

Medication for Middle-Class Mortgage Mania

Adam Levin | Posted 11.02.2011

Adam Levin

These are extraordinary times and extraordinary times require public and private sector utilization of extraordinary measures to solve societal issues like the housing crisis. This issue cannot be properly addressed piecemeal.

Arthur Delaney

Mortgage Modifications In Obama Program Dwindle Further As Administration Tut-Tuts Banks

HuffingtonPost.com | Arthur Delaney | Posted 11.01.2011

WASHINGTON -- The Obama administration announced more disappointing numbers for its signature anti-foreclosure initiative and said Thursday that it wo...

Jason Linkins

'Secret' Fed Loans Reveal Divide Between 'Wall Street Aristocracy' And Ordinary Americans

HuffingtonPost.com | Jason Linkins | Posted 10.24.2011

If you've not yet read the recent piece by Bradley Keoun and Phil Kuntz of Bloomberg News, "Wall Street Aristocracy Got $1.2 Trillion in Fed’s Secre...

Seniors Face Foreclosure After Making Mortgage Payment Too Early

The Huffington Post | Harry Bradford | Posted 10.22.2011

A senior couple in Pasco County, Florida is facing the prospect of foreclosure. But the reason doesn't have to do with missed mortgage payments. This ...

Jason Linkins

This Day In TARP Triumphalism

HuffingtonPost.com | Jason Linkins | Posted 10.18.2011

It's been a while since we've heard that trumpet voluntary from the Treasury Department, signaling the sending of another press release celebrating the fact that "TARP worked!" But this week, the horns sounded.

Arthur Delaney

New Mortgage Modifications Slow To Trickle Under Obama Anti-Foreclosure Program

HuffingtonPost.com | Arthur Delaney | Posted 10.09.2011

WASHINGTON -- Fewer homeowners entered preliminary mortgage modifications under the Obama administration's signature foreclosure prevention initiative...

Arthur Delaney

Obama Administration Makes Anti-Foreclosure Program More Generous For Jobless

HuffingtonPost.com | Arthur Delaney | Posted 09.06.2011

WASHINGTON -- The Obama administration announced Thursday that its signature anti-foreclosure program and the Federal Housing Administration would be ...

BofA Loses Bid To Dimiss Mortgage Lawsuit

Posted 09.06.2011

NEW YORK (Jonathan Stempel) - Bank of America Corp lost its bid to dismiss a lawsuit accusing it of reneging on promises to help borrowers modify ...

Shahien Nasiripour

Treasury Punishes Three Banks For Poor Mortgage Servicing

HuffingtonPost.com | Shahien Nasiripour | Posted 08.09.2011

WASHINGTON -- The Treasury Department will temporarily withhold payments to the nation's three largest mortgage companies for failing to comply with t...

Arthur Delaney

Bipartisan Group Of Senators Targets Mortgage Servicers

HuffingtonPost.com | Arthur Delaney | Posted 07.13.2011

WASHINGTON -- Unimpressed by the recent efforts of state and federal regulators to rein in the mortgage servicing industry, a bipartisan group of sena...

Arthur Delaney

Leading House Dem Explains Vote To End Obama Admin's Foreclosure Program

HuffingtonPost.com | Arthur Delaney | Posted 05.30.2011

WASHINGTON -- Eighteen Democrats in the U.S. House of Representatives sided with Republicans in a symbolic vote to terminate the Obama administration'...