All Posts Tagged With: "Hope for Homeowners"
100 to 1 — Obama Mortgage Modification Plan Tops Bush
Just about every posting regarding the Obama mortgage modification program says it’s a dud. Those on the left say not enough has been done, those on the right say too many homeowners are washing out of the program. What’s too often left out is any sense of context. The reality is that the Obama loan [...]
26Aug2010 | Peter G. Miller | 1 comment | Continued
Has The Obama Mortgage Modification Program Failed?
The Washington Independent — which tells us that it offers “national news in context” says that: “President Obama’s mortgage modification program, known as the Home Affordable Modification Program or HAMP, was supposed to be the fulfillment of Obama’s promise to take care of Main Street more than Wall Street. Yet, just over a year into [...]
25Mar2010 | Peter G. Miller | 0 comments | Continued
Mortgage Modifications: Bush Versus Obama
It’s beginning to look like the government’s efforts to modify troubled home loans is beginning to pay off. As of the end of February more than 170,000 borrowers had obtained permanent mortgage modifications while more than 1 million more under the Making Home Affordable program are involved in trial modifications that could result in better [...]
15Mar2010 | Peter G. Miller | 0 comments | Continued
Mortgages: Feds OK 230,000 Modification Trials
The Treasury Department says 400,000 modification offers have been sent out under the Making Home Affordable (MHA) loan modification program. So far, 230,000 borrowers have agreed to trial modifications. These are enormous numbers compared to the Bush years. Under the FHASecure program about 4,000 delinquent conventional borrowers were able to refinance there has been just [...]
4Aug2009 | Peter G. Miller | 0 comments | Continued
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