Tag Archives: Home Affordable Modification Program

What is the Making Home Affordable Plan?

Posted on October 12, 2009 by admin

Making Home Affordable is a government effort to turn the struggling economy around with refinance and modification help. The loan modification arm of this plan is called Home Affordable Modification Program. Unlike previous “bailouts” aimed at offering relief to large … Continue reading →

Posted in Mortgage Loan Modification | Tagged , , , | Leave a comment

Making Home Affordable and GMAC

Posted on September 18, 2009 by admin

GMAC has been active in its loan modification efforts. When the first Making Home Affordable numbers were released back in early August, the company was blowing away many of its fellow lenders and servicers. They had one of the highest … Continue reading →

Posted in Mortgage Loan Modification | Tagged , , , , | Leave a comment

Millions Still Face Foreclosure

Posted on September 14, 2009 by admin

The housing crisis continues to be an overwhelming concern for Americans and it’s nowhere near over. Analysts believe more than six million people could lose their homes in the next three years. It’s a staggering number, especially when you consider … Continue reading →

Posted in Foreclosure | Tagged , , , , | Leave a comment

Home Affordable Modification Program Releases July Numbers

Posted on August 5, 2009 by admin

The US Treasury has released its loan modification progress report through July 2009. The report includes all lenders participating in the program and what they have currently done under the program. To date, the numbers are underwhelming but progress is … Continue reading →

Posted in Mortgage Loan Modification | Tagged , , , , , , , , , , , | Leave a comment