News and Information On the Great Recession

Mortgage-Relief News

New mortgage-relief plan set for Tuesday launch - MarketWatch

2010-09-04
New mortgage-relief plan set for Tuesday launchMarketWatchNEW YORK (MarketWatch) -- The Obama administration on Tuesday will launch its latest efforts to rescue the failing housing market ...and more »

New mortgage-relief plan set for Tuesday launch - MarketWatch

2010-09-04
New mortgage-relief plan set for Tuesday launchMarketWatchIchiro Ozawa, an unpopular but stubborn Japanese politician, might end up being just the catalyst some hedge funds have been waiting for.

Obama's HAMP: From Mortgage Relief To More Aggravation - Real Estate Journal Online (blog)

2010-09-01
News QuenchObama's HAMP: From Mortgage Relief To More AggravationReal Estate Journal Online (blog)... the Obama administration's flagship Home Affordable Modification Program (HAMP), the supposed mortgage-relief program is said to be doomed for failure. ...Why Obama's mortgage-relief program failedSF WeeklyFederal mortgage relief program a bustLas Vegas Review-JournalMortgage Assistance Program For Unemployed Homeowners Brings Lower Payments ...Red, White, and Blue Press (blog)all 103 news articles »

US Mortgage Relief Effort Is Falling Short of Its Goal - New York Times

2010-08-20
US Mortgage Relief Effort Is Falling Short of Its GoalNew York TimesThe Obama administration's mortgage relief program, originally intended to shield three million households from foreclosure, ...Obama's housing reform failsPress TVNearly 50 percent leave Obama mortgage-aid programThe Associated Pressall 761 news articles »

Labor day BBQ? A side dish is partisan sparring on jobs, unemployment - Christian Science Monitor

2010-09-04
Christian Science MonitorLabor day BBQ? A side dish is partisan sparring on jobs, unemploymentChristian Science MonitorAccording to recent news reports, the plans could include a new round of mortgage relief targeted at people whose loan balances exceed their home values. ...and more »

New mortgage-relief plan set for Tuesday launch

2010-09-04
The Obama administration on Tuesday will launch its latest efforts to rescue the failing housing market, according to a media report Saturday.

First Person: On Foreclosures, Who's at Fault, Banks or Homeowners?

2010-09-02
The Associated Press reported recently that nearly half of all enrollees in the Obama administration's flagship mortgage-relief program have dropped out. A CNN Money report on Monday lauds the nation's banks, suggesting that while the government Home Affordable Modification Program is failing, banks are stepping up with their own modification terms to rescue financially strapped homeowners from ...

Labor day BBQ? A side dish is partisan sparring on jobs, unemployment

2010-09-04
President Obama used his weekly message to the nation as a Labor Day opportunity to pledge that he's working on fresh policies to boost job creation and help "the great middle class."

Washington is out of touch with Americans

2010-09-04
I have recently read two articles about our situation in America.

Homeowners seeking mortgage relief don't mind the wait at West Palm event

2010-08-28
Dina Beder of Dania Beach was flying high Saturday despite spending 21 hours over two days at the Palm Beach County Convention Center in search of mortgage relief.