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Borrowers face foreclosure after Obama loan assistance program fails to provide help Alan Zibel, AP Real Estate Writer Yahoo! Financial News 6/21/2010 WASHINGTON (AP) — The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat. More than a third of the 1.24 million borrowers who have enrolled […] June 23rd, 2010 | Tags: foreclosures, housing market | Category: Banking and finance, Barack Obama, Economy | Comments are closed
Alan Zibel CNSNews.com 3/26/2010 After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home loans. The multifaceted effort will let people who owe more on their mortgages than their properties are worth get new loans […] March 26th, 2010 | Tags: foreclosures | Category: Economy, Government programs, Taxes | Comments are closed
By PETER S. GOODMAN New York Times November 28, 2009 The Obama administration on Monday plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort aimed at stemming foreclosures is foundering. “The banks are not doing a good enough […] November 29th, 2009 | Tags: foreclosures | Category: banking regulations, Taxes, Treasury Department | Comments are closed
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