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Making Home Affordable

Shahien Nasiripour

Obama's HAMP Initiative Struggling To Help Homeowners | Shahien Nasiripour | Posted 07.24.2013 | Politics

A government auditor has warned that the U.S. Treasury Department doesn’t understand why distressed homeowners are re-defaulting at an “alarming...

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.

Ben Hallman

Romney's Housing Plan Long On Gripes, Short On Details | Ben Hallman | Posted 10.25.2012 | Business

NEW YORK -- If elected president, Mitt Romney would reform Fannie Mae and Freddie Mac, sell 200,000 vacant foreclosed homes owned by the government an...

52 Reasons to Vote for Obama: #21, Keeping Our Homes

Bernard Whitman | Posted 11.12.2012 | Politics
Bernard Whitman

Six weeks after taking office, President Obama introduced the Making Home Affordable program to help homeowners prevent foreclosure, stabilize the housing market, and improve our economy. Under this program, many homeowners can lower their monthly mortgage payments.

Ben Hallman

DeMarco Takes Moral Stand Against Mortgage Debt Relief | Ben Hallman | Posted 08.07.2012 | Business

Five years into a housing crisis that never seems to end, a dispute over offering homeowners assistance has come down to morality. Edward DeMarco, ...

Ben Hallman

In Sea Of Disappointing Housing Programs, Hardest Hit Fund Least Effective: New Report | Ben Hallman | Posted 07.25.2012 | Business

Most of the federal bailout money pledged through the Hardest Hit Fund, a program meant to help ailing homeowners in states especially battered by the...

HAMP TIER 2 Mortgage Loan Modifications in a Nutshell

Anna Cuevas | Posted 06.08.2012 | Money
Anna Cuevas

Through recent revisions, the government hopes that its program will provide relief to more homeowners and make a bigger impact on the housing market by enabling more homeowners to prevent foreclosure.

Matt Sledge

Occupy Protesters Help Former Marine Save Foreclosed Home | Matt Sledge | Posted 02.28.2012 | Business

Bobby Hull was supposed be thrown out of his house this month. Instead, thanks partly to Occupy Wall Street activists, he may get to stay. Last wee...

Loren Berlin

Government Expands Failed Homeowner Assistance Program, But It's Too Little Too Late | Loren Berlin | Posted 01.27.2012 | Business

The federal government is taking another stab at helping struggling homeowners keep their homes by expanding its failed loan modification program. Man...

Will 2012 Be a Good Year for Homeowners or Banks?

Anna Cuevas | Posted 03.21.2012 | Business
Anna Cuevas

What will happen is anyone's guess. But if 2011 was any indication of things to come, it's possible that banks will begin to make the necessary changes to stop the bloodletting?

Freddie Mac Offers Extension to Unemployed Homeowners

Anna Cuevas | Posted 03.12.2012 | Business
Anna Cuevas

One of the government's largest lenders, Freddie Mac, has announced that they're allowing their unemployed borrowers to extend the amount of time that their payments can be suspended or reduced.

Loren Berlin

80 Percent of 'Eligible' Homeowners Can't Be Helped By Federal Program | Loren Berlin | Posted 01.10.2012 | Business

Less than 20 percent of homeowners who theoretically qualify for a government mortgage modification are actually eligible, according to data released ...

Arthur Delaney

White House Doubles Down On Mortgage Modification Spin | Arthur Delaney | Posted 12.18.2011 | Politics

WASHINGTON -- President Obama said in 2009 that his flagship anti-foreclosure scheme would "enable as many as 3 to 4 million homeowners to modify the ...

Arthur Delaney

Does This Family Deserve To Lose Its Home? | Arthur Delaney | Posted 12.17.2011 | Business

ALAMOGORDO, N.M. -- From next to the dead tree in his backyard, Ernie Soto can see the big house where he used to live. It's perched on the side of a ...

Arthur Delaney

WATCH: Obama Administration Launches Sad Anti-Foreclosure PSA | Arthur Delaney | Posted 11.14.2011 | Business

WASHINGTON -- The Obama administration on Wednesday unveiled a new TV advertisement for its anti-foreclosure programs. The spot shows stone-faced ...

Arthur Delaney

Mortgage Modifications In Obama Program Dwindle Further As Administration Tut-Tuts Banks | Arthur Delaney | Posted 11.01.2011 | Business

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

What We Shouldn't Leave to Debate: Our Nation's Priorities

Gary A. Officer | Posted 10.11.2011 | Impact
Gary A. Officer

Deficit reduction will hurt those that are most vulnerable: our nation's low-income and lower-middle class families, the backbone of America, living on the precipice of unthinkable loss.

Arthur Delaney

New Mortgage Modifications Slow To Trickle Under Obama Anti-Foreclosure Program | Arthur Delaney | Posted 10.09.2011 | Business

WASHINGTON -- Fewer homeowners entered preliminary mortgage modifications under the Obama administration's signature foreclosure prevention initiative...

Shahien Nasiripour

Treasury Punishes Three Banks For Poor Mortgage Servicing | 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 | 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 | 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 | 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.