Obama Foreclosures

Arthur Delaney

Obama Administration Hogs Housing Credit

HuffingtonPost.com | Arthur Delaney | Posted 05.31.2012

WASHINGTON -- The Obama administration wants all the credit for a drop in Nevada foreclosure filings even though housing analysts have attributed some...

Anti-Foreclosure Activists Step Up Efforts At Detroit Conference

The Huffington Post | David Sands | Posted 03.31.2012

A string of recent victories has emboldened activists working against foreclosures and evictions to step up their efforts both in Detroit and around t...

President Obama Outlines New Plan To Help Underwater Homeowners

AP/The Huffington Post | Posted 12.24.2011

WASHINGTON -- Seeking to circumvent congressional opposition, President Barack Obama is promoting a series of executive branch steps aimed at jumpstar...

Alexander Eichler

Obama's Plan To Target Foreclosed Properties Depends On A Broader Recovery

HuffingtonPost.com | Alexander Eichler | Posted 11.10.2011

President Obama's plan to reduce the number of foreclosed properties weighing down the housing market may only prove effective insofar as the greater ...

Obama's Plan For Troubled Mortgages: Too Little, Too Late

www.iwatchnews.org | Posted 11.09.2011

It was almost a blink-and-you-miss-it moment in President Barack Obama’s jobs speech, but for about 20 seconds—after he urged Congress to pass his...

Arthur Delaney

Mortgage Modifications In Obama Program Dwindle Further As Administration Tut-Tuts Banks

HuffingtonPost.com | Arthur Delaney | Posted 11.01.2011

WASHINGTON -- The Obama administration announced more disappointing numbers for its signature anti-foreclosure initiative and said Thursday that it wo...

Obama Administration To Unveil Mortgage Relief Program

Posted 10.31.2011

By Margaret Chadbourn WASHINGTON -- The Obama administration is considering unveiling new plans next week to revive the ailing housing market a...

Shahien Nasiripour

A QUICK FIX: Bank Regulator's Easy Solution May Hurt Homeowners

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

The federal bank regulator overseeing the nation's largest lenders is pushing for a quick and modest settlement to the months-long federal and state p...

Ryan Grim

House GOP Pushes To Repeal Obama Foreclosure Program

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

WASHINGTON -- Three leading House Republicans have introduced legislation to repeal the Home Affordable Modification Program, the Obama administration...

Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

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 ...

U.S. Launches Investigation Into Possible Criminal Violations In Foreclosure Crisis

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011

The Obama administration's Financial Fraud Enforcement Task Force is in the early stages of an investigation into whether banks and other companies th...

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

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

Nearly 50 Percent Leave Obama Mortgage-Aid Program

AP | MARTIN CRUTSINGER | Posted 05.25.2011

WASHINGTON — Nearly half of the 1.3 million homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen o...

Shahien Nasiripour

Obama Team On Furor Over Foreclosures: 'Problem For The Banks and Servicers To Fix'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

This story was updated at 10:00 p.m. ET to include additional information from a Treasury spokesman. U.S. Housing and Urban Development Secretary Sha...

Arthur Delaney

Obama Clarifies Pocket Veto Of Controversial Bill Related To Foreclosures

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

The White House issued a statement Friday clarifying President Obama's "pocket veto" of legislation that consumer advocates worried would have made it...

Arthur Delaney

How The Controversial Foreclosure Bill Made It Through Congress With No Public Debate

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

President Obama vetoed a bill yesterday that some homeowner advocates worried would have made it easier for banks to proceed with bogus foreclosures b...

Arthur Delaney

Obama Will Not Sign Bill Seen As Cover For Bank Foreclosures

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

UPDATE: The White House announced Thursday afternoon that President Obama would not sign a bill that some consumer advocates worried would make it mor...

White House Launches New Foreclosure Program To Help 'Underwater' Homeowners

AP | ALAN ZIBEL | Posted 05.25.2011

WASHINGTON — The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist ...

Shahien Nasiripour

Obama Housing Program Slowing To A Crawl While Homeowners Suffer

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

More than 18 months after President Barack Obama announced a $75 billion program to help three to four million homeowners avoid foreclosure, the admin...

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

Richard Zombeck | Posted 05.25.2011

Richard Zombeck

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.

Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

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

President Obama Should Stop Home Foreclosures

William K. Barth | Posted 05.25.2011

William K. Barth

If the foreclosure crisis continues, it will transform the stream of Republican victories into a tsunami of voter discontent headed directly towards incumbents, namely, President Obama and Democratic lawmakers.

Meaningful Mortgage Relief: Principal Reduction Through Foreclosure Prevention

Ray Brescia | Posted 05.25.2011

Ray Brescia

Lenders and servicers, even those willing to modify mortgages, are often unwilling to reduce the outstanding principal on the loans in their portfolios, placing meaningful and sustainable modifications out of reach.

NYT: Why Is The Obama Administration Waiting To Act?

New York Times | Posted 05.25.2011

Unemployment is rising. Foreclosures are surging. Lending is still constrained. So why exactly is the Obama administration waiting to act?...

What is Fair?

Joe Peyronnin | Posted 05.25.2011

Joe Peyronnin

These are not ordinary times, so extraordinary steps must be taken. While differences of opinion should be heard, at the end of the day actions must be taken now.