AP – TROUBLED PROGRAM: The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat. Read More Summary Box Borrowers exit Obama mortgage program
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AP – The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat.
Read More Borrowers exit troubled Obama mortgage program
AP
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AP – Bank of America Corp. said Wednesday it has contacted 10,000 of its most troubled mortgage borrowers about its new loan forgiveness program. Read More BofA reaches out to 10,000 mortgage borrowers
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AP – It’s a good time to buy a car, refinance a mortgage, hit the road or shop for clothes. Read More Fading of inflation helps buyers and borrowers
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AP – The nation’s banks suddenly find themselves under pressure to throw greater lifelines to their most troubled mortgage borrowers. But don’t expect every struggling borrower to get a bailout. Read More Banks unlikely to cut mortgages for many borrowers
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AP – Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration’s foreclosure prevention program. Read More Borrowers wait for answers on Obama loan plan
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Owner builder construction loans have found a way to actually increase borrowers’ credit scores while they build. This boost during construction is a drastic turnabout from the typical phenomenon of decreased credit ratings for individuals building a home. In a time of falling credit score averages around the nation, this shift from owner builder financing [...]
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AP – The government’s mortgage relief plan has helped only about 12 percent of borrowers who signed up since President Barack Obama announced the program a year ago. Read More Govt mortgage plan aids 12 percent of borrowers
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AP – The Obama administration’s mortgage relief plan provided help to only 7 percent of borrowers who signed up last year, another black mark for the struggling program. Read More Govt mortgage plan aids 7 percent of borrowers
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