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Loan Modification
: Loan Modification & Home Loan NewsObama Administration Facing Pressure to Retool its Troubled Mortgage Relief Program
By Moe Bedard
Full post as published by Loan Modification & Home Loan News on February 18, 2010 (boomark / email).
Administration pushed to expand foreclosure-prevention program
"The Obama administration is facing increasing pressure from lawmakers and housing advocates to retool its troubled mortgage relief program a year after its debut as the housing crisis continues to deepen and spreads to more creditworthy borrowers...
U.S. May Retool Mortgage Program to Help Underwater Homeowners
"The Obama administration?s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these ?underwater? borrowers...
New GAO Report: Troubled Asset Relief Program
Troubled Asset Relief Program: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency, GAO-09-266T, December 10, 2008. "Treasury has...
New GAO Reports: Troubled Asset Relief Program, International Climate Change Programs
Troubled Asset Relief Program: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency, GAO-09-161, December 02, 2008: "Treasury has...
HAMPs False Promises: Administration Admits That So Far, Its a Failed Program
The $75 billion HAMP program designed to induce mortgage lenders to modify home mortgages owed by financially troubled homeowners isn’t working, and now the Obama administration has admitted as much...
CRS Report: Troubled Asset Relief Program and Foreclosures
R40224, Troubled Asset Relief Program and Foreclosures, February 17, 2009 "Increasing foreclosure rates and problems in financial markets are some...
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