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 ...

Today, as part of its ongoing commitment to continuously improve housing relief efforts, the Obama Administration announced adjustments to the Home Affordable Modification Program (HAMP) and created a ...

The Departments of Treasury and Housing and Urban Development released their October edition of the Obama Administration's Housing Scorecard on Friday afternoon. The report highlighted the Federal ...

The Home Affordable Modification Program (HAMP) was designed to help homeowners who were struggling financially avoid losing their homes. It did this by modifying some aspects of the original mortgage ...

If you’re struggling to make your monthly mortgage payment, losing your home can become an all-encompassing fear. But, there are two lifelines available through the federal government: the Home ...

WASHINGTON (AP) — The Obama administration’s central foreclosure-prevention effort won’t reach its original goals and the government should come up with clear, measurable objectives for the ...

Privately managed loan modifications are defaulting more regularly than those modified through President Obama’s Home Affordable Modification Program, according to a federal report released Friday.

20,666 mortgages changed under government program BofA has 240,000 mortgages in trial modifications CHARLOTTE, N.C., March 12 (Reuters) - Bank of America Corp completed 20,666 mortgage modifications ...

Bank of America Loan Modification Update • Since January 2008, Bank of America has helped more than 760,000 customers with a completed loan modification or HAMP trial modification. This number ...

WASHINGTON, July 24 (Reuters) - Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are in default again, according to a report on ...