The Obama Administration has implemented a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. The majority of these programs are administered through the U.S. The State of HAMP See the performance of all the mortgage servicers. Making Home Affordable.gov The administration’s web site for the foreclosure prevention program. Provides an FAQ, homeowner examples, and other tools to see whether you might qualify for. HUD mortgage aid program stumbled from the start By Julie Schmit, USA TODAY Updated Comments Reprints & Permissions 'Congratulations' began the letter, dated Sept. Mueller, for USA TODAY Jude and Lorraine Austin hope to get Enlarge. Online Refinance Mortgage Rates, Quotes. Government Mortgage Aid Program This advice includes information about the foreclosure process, refinancing their current loan into a FHA loan, and the development of payment plans to avoid foreclosure. WASHINGTON - The Obama administration announced Monday that borrowers with little or no equity in their homes will have another year to take advantage of a refinancing program that so far has made little progress. The Home Affordable Refinance Program was set to expire in June, but so far it has.
The Federal Housing Administration will loosen its mortgage refinance program to help more delinquent borrowers and those facing hardships like job loss, the agency said on Tuesday. Reuters is the news and media division of Thomson Reuters.
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