Programs save 1.5 million homeowners: Obama Housing Scorecard

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Since the start of the program, more than 670,000 homeowners have received a permanent HAMP modification, saving approximately $5.9 billion. More than 1.5 million homeowners have started a trial modification.

Although the housing. 1.5 million of the homeowners, who are at least 50 years or even older and may have lost the home to foreclosure, since the year 2007, when the mortgage crisis actually began.

HUD: Robo-signing settlement to accelerate principal reductions At the same time, a group representing 50 state attorneys general and four federal agencies is trying to reach a settlement with five major. make loan modifications that include principal.

Watch President Obama Deliver the 2013 State of the Union Address The Obama plan may result in less consumer spending than expected because people may save tax cuts, said Harvard University economics professor Martin Feldstein, in an interview on Bloomberg.

unprecedented housing crisis. Nearly 1.5 million homeowner assistance actions have taken place through the Making Home Affordable Program, while the FHA has offered more than 1.5 million loss mitigation and early delinquency interventions. The Administration’s programs continue to encourage improved standards and processes in the industry,

The Obama Administration’s Response to the Housing Crisis. held off the market" has increased by about 1.5 million since 2005.. mitigation programs have also helped keep housing prices.

HUD Webinars on Expanded Rental Assistance Demonstration Program Notice.. Required Actions for Multifamily Housing Projects Receiving Failing Scores. A NAHMAnalysis which reviews the Obama Administration's fiscal year 2016.. benefits for nearly 63 million Americans will increase 1.5 percent in 2014, the.

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The January Housing Scorecard features key data on the health of the housing market and the impact of the Administration’s foreclosure prevention programs, including: Nearly 1.5 million homeowner assistance actions have taken place through the Making Home Affordable Program, while the Federal Housing Administration (FHA) has offered more than 1.5 million loss mitigation and early delinquency interventions.

Zillow survey: 5% home value growth expected in 2013 According to the 2019 zillow home price Expectations Survey released June 5, 50% of the surveyed economists, investment strategists and housing market analysts believe the next recession will begin in 2020, with 19% predicting it will begin in the third quarter.

"Programs save 1.5 million homeowners: Obama Housing Scorecard," writes Housingwire. CBS News reports, "Housing is economy’s silver bullet, analyst says." "Sellers are returning to Washington housing market," prints The Washington Post.

among non-Hispanic Whites (1.5 percentage points).7 figure 3 below. million homeowners had obtained permanent loan modifications through HAMP, far fewer than. (CBO) show that a well-designed principal reduction program could save. mortgage.52 Average credit scores for loans backed by Fannie Mae and .

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the March edition of the Obama Administration’s Housing Scorecard. Officials caution that the latest housing figures underscore fragility in the housing market and the need to continue efforts to help American families stay in their homes.

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