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Mortgage program only helps 31,000 borrowers so far
16 hours ago ago from Single Source Mortgage Dot Net
Just over 31,000 homeowners have received permanent loan modifications since March under the Obama administration's mortgage relief plan, spotlighting some of the program's failures. Source of this article: Mortgage program only helps 31,000 borrowers so far
Related contentReport: Foreclosure help programs failing
15 hours ago ago from Michigan Messenger
Though Michigan leads the nation in the number of mortgages being renegotiated under a federal program to prevent foreclosures, the number of homeowners being helped through the program is still vanishingly small. The Detroit Free Press reports on the remarks of a Treasury Department official: Less than 1% of the homeowners eligible for foreclosure help under President Barack Obama’s Making Home Affordable plan have received permanent ...
Related content1% Success Rate For Obama Administration Mortgage Modification Program - Atlantic Online
10 hours ago ago from Mortgage Modification
Dec 11 1% Success Rate For Obama Administration Mortgage Modification Program - Atlantic Online Posted by Mortgage Modification under Main Content Los Angeles Times 1% Success Rate For Obama Administration Mortgage Modification Program Atlantic Online Then there's the Obama administration's mortgage modification program, which hasn't done well enough to qualify for even the worst of ...
Related contentGov\’t mortgage plan provides little permanent help – Jefferson City News Tribune Online
12 hours ago ago from Mortgage News and Mortgage Rates
WASHINGTON (AP) The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's recovery. Among big lenders, Bank of View original story
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