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Making Home Affordable Program

Houston, We Have a Problem With HAMP Loan Modifications

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

Although the latest HAMP guidelines require servicers to stop foreclosure action, it does not seem to be stopping very much. Homeowners continue to be confused about their foreclosure notices.

While We Are On the Subject of Bad Foreclosures, What About HAMP's Compliance?

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

The American public is losing countless homes due to non-compliance in procedures and incorrect answers being given to homeowners. You must be your own best advocate and question authority.

Fighting Wells Fargo and Foreclosure

Wajahat Ali | Posted 05.25.2011 | Politics
Wajahat Ali

Could it be that the best chance to save a young family from foreclosure is a 28-year-old Pakistani American playwright/attorney who learned bankruptcy law on the internet?

Up next in the housing crisis: Strategic default

Mark Miller | Posted 05.25.2011 | Business
Mark Miller

The next big issue is "strategic default" -- homeowners who can afford their payments but walk away from mortgages and accept foreclosure because they're facing financial stress.

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...

Foreclosure 'SWAT Teams' Unleashed By Treasury Department: NPR

npr.org | Weekend Edition Sunday | Posted 05.25.2011 | Business

The Treasury Department has started dispatching what it calls foreclosure "SWAT teams" to big banks to take a hard look at their operations....

Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 05.25.2011 | Business

Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...

One In Five Students At Brooklyn School Homeless

The Huffington Post | Julian Hattem | Posted 05.25.2011 | Business

As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. One in five children are ...

Making Home Affordable Program Hasn't Helped Enough, Some Say

CNN | Jessica Yellin CNN National Political Correspondent | Posted 05.25.2011 | Business

(CNN) -- When President Obama unveiled the Making Home Affordable Program in March, he said it would help "responsible folks who have been making thei...