Tag Archive | "loan modification"
Freddie Mac Video - Making Home Affordable and Avoiding Foreclosure Rescue Scams
According to Freddie Mac: A report from the fourth quarter of 2008 shows that a growing number of homeowners are seeking lower mortgage payments through loan modification programs and mortgage refinancing. In an effort to stabilize the housing market and help millions of American homeowners reduce their monthly mortgage payments, the federal government has launched “Making Home [...]
Continue reading...Obama Housing Plan: Live Blogging Summary
Wednesday, February 18, 2009
President Obama just spoke before a crowd in Mesa, AZ, unveiling his $75B foreclosure crisis plan. Here’s a play-by-play of the speech: This is a “crisis unlike any we’ve ever known.” Families can’t afford to leave, but can’t afford to stay. 6 million homes in foreclosure or at risk of foreclosure across the US. Study in Chicago found that [...]
Continue reading...President Barack Obama Foreclosure Speech - $75 Billion Housing Plan
Wednesday, February 18, 2009
Full Text of President Obama’s Speech Today - February 18 2009 - I’m here today to talk about a crisis unlike any we’ve ever known – but one that you know very well here in Mesa, and throughout the Valley. In Phoenix and its surrounding suburbs, the American Dream is being tested by a home [...]
Continue reading...President Obama’s $75 Billion Foreclosure Plan
Wednesday, February 18, 2009
First news on MarketWatch on Obama’s plan to help halt foreclosures. There are two programs. One to help 4-5m struggling home owners with loans owned or guaranteed by Fannie Mae or Freddie Mac to help them refinance. The other is a loan modification plan with government subsidies to lenders to reduce their monthly interest payments. Lenders responsible for [...]
Continue reading...Six Foreclosure must-reads: Part I
Friday, November 21, 2008
It seems like foreclosure properties are on everyone’s minds these days. Since we released a two-part foreclosure special edition six months ago, home owners and buyers on Trulia haven’t been able to get enough of tips and tricks from foreclosure experts on Voices. [...]
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Tuesday, May 12, 2009
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