The government has unveiled new guidelines for a program designed to address problems with a mortgage-relief plan for distressed homeowners. Revisions to the Home Affordable Modification Program (HAMP ...

To bolster its effort to reduce foreclosures, today the Obama administration announced new changes to its Home Affordable Modification Program. The proposed measures include allowing unemployed ...

The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

A defining feature of the 2008 recession was the staggering number of people who lost their homes. While there were 717,522 foreclosures in 2006, according to the Pew Research Center, that number ...

The day before the House of Representatives voted to terminate the Home Affordable Modification Program (HAMP), I received a letter from my loan servicer (Litton Loan of Houston) denying me a ...

Bank completed 4,300 gov't-backed mortgage mods Pipeline of borrowers under gov't program down to 85k CHARLOTTE, N.C., Aug 18 (Reuters) - Bank of America Corp said on Wednesday that the number of ...

2015-08-11T07:49:24-04:00 https://ximage.c-spanvideo.org ...

NEW YORK, March 22 (Reuters) - Fannie Mae, the largest provider of funding for U.S. residential mortgages, is easing some requirements on income documentation for borrowers to receive loan ...

This article was first published on NerdWallet.com. If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out ...

With millions of Americans possibly facing foreclosure, the demand for help is outstripping supply. The latest Treasury report on the government's Making Home Affordable modification program notes, ...