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Making Home Affordable

Shahien Nasiripour

Treasury Punishes Three Banks For Poor Mortgage Servicing

HuffingtonPost.com | Shahien Nasiripour | Posted 08.09.2011 | Business

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

Greener Homes Means a Stronger Economy

Shaun Donovan | Posted 08.03.2011 | Green
Shaun Donovan

Greening our homes is one of the keys to the 21st century economy -- and to out-innovating our competitors. And that real change requires leadership, solutions and capital from the private sector.

Arthur Delaney

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

HuffingtonPost.com | Arthur Delaney | Posted 05.30.2011 | Politics

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

Arthur Delaney

House Votes To Terminate Obama Administration's Anti-Foreclosure Program

HuffingtonPost.com | Arthur Delaney | Posted 05.29.2011 | Politics

The U.S. House of Representatives voted Tuesday to terminate the Obama administration's signature anti-foreclosure effort, the beleaguered Home Afford...

Arthur Delaney

When Banks Won't Help Homeowners, Scammers Help Themselves

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Clarification appended When Mohammed Shukran took some time off from driving his cab to care for two ailing family members in 2009, he began worryi...

We Haven't Bottomed Yet... The Housing Crisis Continues

Hilary Kramer | Posted 05.25.2011 | Business
Hilary Kramer

The housing market in the U.S. still faces considerable pressure -- even two years into "an economic recovery" (albeit a jobless one). This is best ev...

HAMP Continues Sluggish Pace, But We Need to Fix It, Not Nix It

Dory Rand | Posted 05.25.2011 | Chicago
Dory Rand

Pulling out support to distressed homeowners at this juncture would be disastrous for neighborhoods trying to recover from the foreclosure crisis.

Rising Rents, Falling Recovery: Not Time to Retreat From Rental Housing

David M. Abromowitz | Posted 05.25.2011 | Business
David M. Abromowitz

For many families, the extension of middle-class tax cuts will go out the door to their landlord. Economic recovery could be stopped in its tracks by sudden rent shock.

The Cost of Surrendering the 30-Year Fixed Rate Mortgage Loan

Tanya D. Marsh | Posted 05.25.2011 | Business
Tanya D. Marsh

The 30-year fixed rate loan is an aberration that exists primarily because of government support.

Arthur Delaney

Obama Administration's Foreclosure Program Shambles Along

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

WASHINGTON -- The U.S. Treasury Department announced Wednesday that more than 600,000 homeowners across the country have been granted "permanent" mort...

Hope For Homeowners: Now I Know My NPV's -- HAMP

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

Meet Constantine. Constantine suffered some economic hardships due to him having to accept a lower paying job. This jeopardized his ability to save his longtime family home.

Shahien Nasiripour

Michigan Family Says Obama Foreclosure-Prevention Program Cost Them Their Home

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The following story is produced in partnership with The Dylan Ratigan Show's week long "No Way To Live" series on the financial crisis and its impact ...

Hope for Homeowners, 'Say HAMP'

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

Be your own best advocate, the only way you can do that is to get the information you need to so that you are empowered when you are trying to save your home.

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.

Hope For Homeowners: HAMP Trials and HAMP Tribulations

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

Meet Carla Carla is a social worker for Children's Services. She was making a decent income while she did her part to help the children of her county...

Hope For Homeowners: The Squeaky Wheel Gets the HAMP

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

As a homeowner, you must know how your income and expense numbers look in the eyes of the lender and you must question authority; be the squeaky wheel, be your own best advocate and do not give up.

Shahien Nasiripour

In Obama Anti-Foreclosure Program, Thousands Of Homeowners Strung Along For A Year

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

More than 29,000 troubled American homeowners have been stuck in mortgage modification purgatory for at least a year, with no end in sight, under the ...

After They Denied Them a Permanent HAMP Modification, What Are Servicers Doing With Borrowers?

Dory Rand | Posted 05.25.2011 | Business
Dory Rand

What are individual servicers doing with borrowers they did not approve for a permanent modification? The data seem to raise more questions than it answers.

Shahien Nasiripour

Obama Administration Will Spend Just $12 Billion Of The $50 Billion Promised To Help Homeowners Avoid Foreclosure, CBO Says

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The Obama administration will spend less than a quarter of the $50 billion it promised to help homeowners facing foreclosure, the nonpartisan Congress...

Arthur Delaney

Woman Starts Hunger Strike, Protests Foreclosure

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

A Baltimore woman who is losing her home started a hunger strike on Monday morning to draw attention to the national foreclosure crisis and the diffic...

Chicago Region HAMP Modifications Level Off While Watchdog Takes Aim at Implementation

Dory Rand | Posted 05.25.2011 | Chicago
Dory Rand

The number of active trial and permanent HAMP modifications continues to drop in the Chicago region, according to new data released by Treasury.

Arthur Delaney

Obama: More Aggressive Anti-Foreclosure Efforts Would Help Undeserving People

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

WASHINGTON -- President Barack Obama defended his administration's beleaguered foreclosure-prevention initiatives on Wednesday by arguing that more ag...

Shahien Nasiripour

Bailout Oversight Panel Slams Obama Administration Over Foreclosure Crisis

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

WASHINGTON -- A key government panel keeping tabs on the bailout strongly criticized the Obama administration Wednesday for its apparent failure on a ...

Shahien Nasiripour

Top Fed Official On Government's Foreclosure Prevention Efforts: 'Three Years Of Failed Policies'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

One of the Federal Reserve's top economists denounced the Obama administration's approach to stemming the growing foreclosure crisis, saying it's part...

Home Affordable Modification Program: Playing the HAMP Game

Anna Cuevas | Posted 05.25.2011 | Business
Anna Cuevas

Have you ever played Monopoly with a person who did not play by the rules even if you did? They passed go, collected their payday and never got the go...