The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...

Bank of America has increased its industry-leading total of completed Home Affordable Modification Program (HAMP) modifications to more than 76,300 through July. In addition, nearly 100,000 Bank of ...

THE OPTIMUM policy for the home foreclosure crisis is to modify the loans of as many distressed homeowners as possible. Making mortgage terms more affordable by mutual agreement enables families to ...

Bank completed 4,300 gov't-backed mortgage mods Pipeline of borrowers under gov't program down to 85k CHARLOTTE, N.C., Aug 18 (Reuters) - Bank of America Corp said on Wednesday that the number of ...

Houston Housing Authority’s David A. Northern Sr. and HUD’s Candace Valenzuela speak with attendees at 2100 Memorial during the launch of new housing programs, June 25, 2024. With more than $6 million ...