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Home Affordable Modification

Home Affordable Modification Program (HAMP) Extended

Anna Cuevas | Posted 08.03.2013 | Business
Anna Cuevas

Homeowners can learn if they qualify for one of these programs by talking to their lender or visiting Making Home Affordable, Fannie Mae, or Freddie Mac.

Home Foreclosures Jump In 3rd Quarter: Regulators

Posted 05.25.2011 | Business

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...

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...

Obama Foreclosure | PETER S. GOODMAN | Posted 05.25.2011 | Business

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

Shahien Nasiripour

Obama Administration To Shame Lenders That Don't Offer To Modify Mortgages | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Shahien Nasiripour

Report: Housing Prices Could Tumble Again If More Foreclosures Aren't Prevented | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Home Rescue Plan Delaying, Not Solving Crisis

Reuters | Nick Carey & Al Yoon | Posted 05.25.2011 | Business

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...

HAMP Is Failing, Government May Reconsider Forgiving Homeowner Debt: Barclays | Tracy Alloway | Posted 05.25.2011 | Business


Shahien Nasiripour

The Economist The Obama Administration Should Have Listened To | Shahien Nasiripour | Posted 05.25.2011 | Business

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

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

Posted 05.25.2011 | Business

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

Shahien Nasiripour

Mortgage Loan Modification: More Offers Extended, Fewer Homeowners Accepting -- Are Homeowners Losing Hope? | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Shahien Nasiripour

Securitization Is Back! Investor-Owned Mortgages Have High Re-Default Rates, Says Report | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Shahien Nasiripour

For The "Lucky Few" Who Renegotiate Their Mortgages, Towering Debt Remains | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Making Home Affordable: The Waiting Game

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

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

Banks Still Cheating People Out of Their Homes

Mike Elk | Posted 05.25.2011 | Business
Mike Elk

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

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

Huffington Post | Margo Irvin | Posted 05.25.2011 | Home

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

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.

Obama's Homeowners' Bailout: Is It Working?

Posted 05.25.2011 | Business

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...