The Obama administration’s Home Affordable Modification Program has saved approximately 802,000 U.S. homeowners from foreclosure as of April 2012, slightly exceeding the Congressional Oversight Panel’s...
First it was the banks, then it was the mortgage giants, and now it is real estate speculators who...
Loan modifications are declining to the point where eventual foreclosures for distressed U.S. homeowners are becoming all but certain,...
The Obama administration’s $75 billion foreclosure prevention program has been widely criticized for its failure to, well, prevent very...
A government evaluation of the Home Affordable Modification Program found it once again to be lacking, according to CNN. HAMP has undergone tweaks since it was introduced in April, but in a recent report,...
Record-low mortgage interest rates helped to further stabilize the housing market over the past month, according to the latest...
Poor oversight by the Treasury Department and errors by servicers has led to what may be thousands of homeowners...
Poor oversight by the Treasury Department and errors by servicers has led to what may be thousands of homeowners...
Queens homeowner Alex Lam was up-to-date on his mortgage payments until recently, when he tried to apply for a...
Borrowers participating in the Obama administration’s Home Affordable Modification Program will soon have a simpler route to mortgage loan...
