Mha

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

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Hamp, Loan Modifications, Making Home Affordable, Mortgage Modification, Home Affordable Modification Program, Mha, Obama Foreclosures, Foreclosure, Business News

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 ...

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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

Read More: Tarp, Foreclosure Crisis, Cbo, Obama Homeowners, Obama Housing, Making Home Affordable, Troubled Asset Relief Program, Mha, Obama Foreclosures, Congressional Budget Office, Hamp, Home Affordable Modification Program, Financial Crisis, Business News

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

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Obama Homeowner Program Hits 10-Month Low As Prices Drop And Foreclosures Surge

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Mortgage Modification, Making Home Affordable, Mha, Homeowners, Mortgages, Hamp, Loan Modifications, Home Affordable Modification Program, Subprime Mortgage Crisis, Financial Crisis, Foreclosure, Business News

The number of homeowners receiving permanent relief under the Obama administration's primary foreclosure-prevention initiative hit a 10-month low as h...

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White House Defends Lackluster Foreclosure Programs

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Interest Rates, Tarp, The Financial Fix, Making Home Affordable, Mha, Obama Administration, Homeowners, Housing Crisis, Hamp, Unemployment, Bailout, Home Affordable Modification Program, Financial Crisis, Foreclosure, Thomas Hoenig, Business News

Policymakers will likely keep mortgage rates low for the next several years because it's the best and cheapest way to heal the housing market, a senio...

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Famed Investor Bill Gross Calls For Massive Taxpayer-Backed Mortgage Refinance Initiative

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, The Financial Fix, Hamp, Mha, Making Home Affordable, Home Affordable Modification Program, Loan Modifications, Housing Crisis, Foreclosure Crisis, Refinance, Bill Gross, Pimco, Morgan Stanley, Home Prices, Business News

The head of the world's biggest bond fund, bemoaning the slow economic recovery, reignited debate Tuesday by publicly supporting a massive new refinan...

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Serving Your Country? Bank of America Wants Your House...At Any Cost.

Richard Zombeck | Posted 05.25.2011

Read More: Foreclosure Crisis, Mortgage Modification, Obama Foreclosures, John Burns, Extend-and-Pretend, Mortgage Crisis, Home Affordable Modification Program, Making Home Affordable, Hamp, Loan Modifications, Financial Crisis, Mha, Realtytracs, Business News

The HAMP program has done little more than give mortgage servicers an incentive and in some people' s eyes the encouragement by Treasury to suck what little money homeowners have left before throwing them out of their homes.

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EXTEND AND PRETEND: The Obama Administration's Failed Foreclosure Program

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Rick Sharga, Making Home Affordable, Mortgage Modification, John Burns, Mha, Obama Foreclosures, Mark Hanson, Mortgage Crisis, Extend-and-Pretend, Celia Chen, Phyllis-Caldwell, Hamp, Loan Modifications, Home Affordable Modification Program, Financial Crisis, Realtytrac, Business News

President Barack Obama's signature plan to combat the housing crisis has fallen short of its goals -- rather than significantly and permanently reduci...

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HAMP Report Revised After Analysts Question New Metric

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Hamp, Mha, Home Affordable Modification Program, Making Home Affordable, Foreclosure, Mortgage Modification, Loan Modifications, Obama Housing Crisis, Business News

This story was updated at 8:00 p.m. ET to include two comments from a Treasury Department official. The Obama administration has revised its latest m...

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Sputtering Obama Foreclosure Program May Threaten Recovery

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: The Financial Fix, Mortgage Modification, Making Home Affordable, Darrell Issa, Mha, Alan White, Homeowners, Housing Crisis, Hamp, Loan Modifications, Home Affordable Modification Program, Financial Crisis, Hud, Foreclosure, Business News

The number of new homeowners entering the Obama administration's signature foreclosure-prevention effort dropped 35 percent to a one-year low in June,...

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Average Homeowner In Obama Foreclosure Program Deeply Underwater, Drawing Calls From GOP To Cut Off Help

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Mortgage Modification, Making Home Affordable, Darrell Issa, Mha, Mortgage Crisis, Housing Crisis, Underwater Mortgages, Hamp, Loan Modifications, Home Affordable Modification Program, Financial Crisis, Foreclosure, Business News

The average beneficiary of the Obama administration's flagship homeowner-assistance program owes their mortgage lender more than $1.50 for every dolla...

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Potentially 'Thousands' Of Homeowners Improperly Denied Obama Mortgage Modifications, Administration Admits

HuffingtonPost.com | Shahien Nasiripour | Posted 06.29.2010

Read More: Financial Crisis, Hamp, Mortgage Modification, Loan Modifications, Foreclosure, Foreclosure Crisis, Housing Crisis, Obama Administration, Treasury Department, Mha, Making Home Affordable, Homeowners, Video, Business News

This report was updated at 10 a.m. ET on Wednesday, June 30, to include additional information on HAMP. Potentially "thousands" of troubled homeowner...

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Bailout Watchdog Criticizes Geithner Over Obama Housing Plan

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Tarp, Foreclosures, Elizabeth Warren, Foreclosure Crisis, Mortgage Modification, Making Home Affordable, Mha, Hamp, Loan Modifications, Bailout, Home Affordable Modification Program, Treasury, Financial Crisis, Timothy Geithner, Cop, Congressional Oversight Panel, Business News

The panel created to keep tabs on the federal bailout grilled Treasury Secretary Timothy Geithner on Tuesday over the lackluster performance of the ad...

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Five Times As Many Homeowners Bounced From Obama Plan To Slow Foreclosures As Granted New Relief

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Phyllis-Caldwell, Hamp, Foreclosure Crisis, Loan Modifications, Mortgage Modification, Making Home Affordable, Home Affordable Modification Program, Mha, Business News, Financial Crisis, Loan Mods, Herbert Allison, Barack Obama, Business News

More than five times as many homeowners were kicked out of the Obama administration's primary foreclosure-prevention program last month than were gran...

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Obama Foreclosure Plan Makes It Harder For Banks To Reduce Principal For Underwater Homeowners

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Principal Cuts, Principal Writedowns, Mortgage Modifications, Loan Modifications, Mha, Hamp, Making Home Affordable, Home Affordable Modification Program, Occ, Banks, Wall Street, Foreclosure, Foreclosure Crisis, Business News

The Obama administration's plan to help struggling homeowners has had the unintended consequence of making it harder for them to get the most effectiv...

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Watchdog: Obama Foreclosure Program Is Likely To Be A Failure

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Loan Modification, Mortgage Modifications, Making Home Affordable, Mortgage Walk Away, Mha, Neil Barofsky, Obama Administration, Inspector General, Hamp, Foreclosure Crisis, Home Affordable Modification Program, Financial Crisis, Strategic Defaults, Sigtarp, Ig, Video, Business News

The Obama administration's signature foreclosure-prevention program is likely to be a failure and has not done enough to help struggling homeowners wh...

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HAMP Update: Twice As Many Homeowners Kicked Out Of Obama Foreclosure Program As Given Permanent Relief, New Data Show

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Hamp, Foreclosure Crisis, Loan Modifications, Making Home Affordable, Home Affordable Modification Program, Mha, Financial Crisis, Loan Mods, Barack Obama, Business News

More than twice as many homeowners were kicked out of the Obama administration's signature foreclosure-prevention program last month as were granted p...

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

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Mortgage Modifications, Making Home Affordable, Mha, Alan White, Obama Administration, Homeowners, Celia Chen, Phyllis-Caldwell, Hamp, Loan Modifications, Moody's economy.com, Home Affordable Modification Program, Richard Neiman, Financial Crisis, Housing Crisis, Herbert Allison, Business News

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

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

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

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

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Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 05.25.2011

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...

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At Last, One Government Agency Considers Cutting Mortgage Principal For Distressed Homeowners

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...

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Bailout Watchdog: Obama Foreclosure Plan Inadequate, New Direction Needed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

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...

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Obama Administration To Shame Lenders That Don't Offer To Modify Mortgages

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosure Crisis, Making Home Affordable, Elizabeth Warren, Mortgage Servicers, Mha, Home Affordable Modification, Homeowners, Barack Obama, Mortgages, Hamp, Bailout Bandits, Loan Modifications, Bailout, Financial Crisis, Foreclosure, Congressional Oversight Panel, Business News

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

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Anatomy Of A Failed Foreclosure Program

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Foreclosure Crisis, Loan Modification, Making Home Affordable, Mortgage Modification, Mha, Homeowners, Barack Obama, JPMorgan Chase, Hamp, Home Affordable Modification Program, Homeownership, Financial Crisis, Business News

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

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

Huffington Post | Margo Irvin | Posted 05.25.2011

Read More: Home Affordable Modification, Foreclosure, Loan Modifications, Making Home Affordable, Dispatches From the Displaced, Mha, Housing Crisis, Ee, Loan Modification, Home News

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

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