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Home Affordable Modification Program

Rep. Brad Miller: The

UnHAMPered | Rep. Brad Miller | Posted 05.25.2011 | Business

As part of its initial legislative barrage on the economic crisis, the Roosevelt administration created the Home Owners' Loan Corporation ("HOLC") in ...

Shahien Nasiripour

Obama Foreclosure Program Shows Slight Gains, Though Troubling Trends Remain (CHARTS)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

One in five eligible homeowners has received the kind of long-lasting relief promised by the Obama administration's signature foreclosure-prevention i...

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 | Business

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

Shahien Nasiripour

Obama Administration Knew Foreclosure Program Wasn't Working Right, Did Nothing

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

This story has been updated: See below. Even as the Obama administration's signature foreclosure-prevention program has foundered, Treasury Departmen...

Shahien Nasiripour

Treasury Announces Fix To Foreclosure-Prevention Plan, But Nearly 500K Homeowners At Risk Of Being Bounced

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

With as many as 450,000 troubled homeowners in danger of being bounced out of the Obama administration's signature foreclosure-prevention program due ...

Bank Of America's Foreclosure Rescue Failure: Only 1 Out Of 1,600 Borrowers Have Received Permanent Modifications

Huffington Post | Marcus Baram | Posted 05.25.2011 | Business

On Monday, the Huffington Post's Shahien Nasiripour reported on the failure of President Obama's $75 billion foreclosure program, citing JPMorgan Chas...

Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 05.25.2011 | Business

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

Shahien Nasiripour

Obama Foreclosure Plan Falling Far Short Of Targets

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The Obama administration disclosed on Friday that it has made little progress in helping struggling homeowners attain long-term relief under its signa...

Shahien Nasiripour

Bailout Watchdog: Obama Foreclosure Plan Inadequate, New Direction Needed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

This story has been updated Add Elizabeth Warren, the Harvard Law professor-turned-crusader for Main Street and the middle class, to the growing list...

Shahien Nasiripour

Nine Months Later, Obama Plan To Help 1.5 Million Struggling Homeowners Yet To Launch

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

An Obama administration plan announced in April to help up to half of all struggling homeowners modify their second mortgages has yet to officially la...

Shahien Nasiripour

Anatomy Of A Failed Foreclosure Program

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Just how badly is President Obama's $75 billion foreclosure program working out? Consider these newly-released numbers: Out of every 100 homeowners wh...

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

Huffington Post | Margo Irvin | Posted 05.25.2011 | Business

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