Sentences with phrase «home affordable program»

The Making Home Affordable Program, which was a government mortgage assistance program created in early 2009, allows many homeowners refinance their mortgage into a lower payment.

Under the Making Home Affordable program, several loan modification and refinancing options became available.

The Making Home Affordable program was introduced to help struggling home owners avoid defaulting on their loans, including FHA mortgages and equivalent programs for VA home loans.

Included in this month's Making Home Affordable Program Report are detailed assessments for the largest mortgage servicers participating in the program with results from the fourth quarter of 2011.

The First Quarter 2012 assessments show that the largest servicers continue to demonstrate broad improvement in implementation of the Making Home Affordable Program, and have focused attention on remediating past areas of need identified by Treasury through ongoing program reviews.

The release of the First Quarter 2012 Servicer Assessments coincides with the availability of expanded program eligibility for the Making Home Affordable Program announced by Treasury in January.

Since inception of the Making Home Affordable Program, Treasury has required participating servicers to take specific actions to improve their processes through ongoing program reviews.

For example, if your mortgage is guaranteed by Freddie Mac or Fannie Mae or insured by the Federal Housing Administration and you are looking to modify the loan, you should check out the government's Make Home Affordable Program or the Home Affordable Refinance Program.

«This month, expanded eligibility for the Making Home Affordable Program becomes available to help more families benefit from the program's sustainable assistance and homeowner protections.»

View the Making Home Affordable Program Report with data through April 2012.

View the January Making Home Affordable Program Performance Report.

«By shining the spotlight on key practices, we have prompted servicers to improve their implementation of the Making Home Affordable Program.

Nearly 1.3 million homeowner assistance actions have taken place through the Making Home Affordable Program, while the Federal Housing Administration (FHA) has offered more than 1.4 million loss mitigation and early delinquency interventions.

Included in this month's «Making Home Affordable Program Report» are detailed assessments for the largest mortgage servicers participating in the program with results from the first quarter of 2012.

«The Making Home Affordable Program has established critical standards that have changed the mortgage industry for the better, and the assessments have been a principal tool for measuring that progress,» says Treasury Assistant Secretary for Financial Stability Tim Massad.

Hawaii also participates in the federal government's Making Home Affordable Program ® (MHA).

Also, recent legislation has helped FHA offer special programs with incentives to lenders for modifying and refinancing existing mortgages like with the «Making Home Affordable Program.»

The Making Home Affordable Program has assisted more than 1.6 million homeowners since its inception in 2009, the Obama Administration said in its May Scorecard report.

The Making Home Affordable Program (MHA) ® is a critical part of the Obama Administration's broad strategy to help homeowners avoid foreclosure, stabilize the country's housing market, and improve the nation's economy.

HAFA is an acronym for Home Affordable Foreclosure Alternatives, and it's part of President Obama's Making Home Affordable Program.

Why is the Obama Administration, through the Making Home Affordable program, trying to make it so easy to refinance?

The Making Home Affordable program offers financially stable homeowners the chance to refinance mortgages to lower rates.

The Making Home Affordable program offers at - risk homeowners a chance to modify mortgages to avoid foreclosure on their homes.

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The Making Home Affordable Program has helped more than 1.6 million home owners since it was created in 2009.

The government also offers several programs under the Making Home Affordable Program (MHA) that can help you avoid foreclosure, including:

January 5, 2011 - In 2009, the The Making Home Affordable program was introduced to help struggling home owners avoid default and foreclosure on their home loans, including FHA mortgages and equivalent programs for VA home loans.

You'll find that there's one program that's directly referred to as an Obama mortgage - the Making Home Affordable program.

The Making Home Affordable program allows eligible borrowers to refinance or modify their mortgage loans, resulting in more affordable payments.

Category: Featured Articles, Foreclosure news, Mortgage News, foreclosure prevention Tags: foreclosure prevention, loan modification, Making Home Affordable program, refinancing No Comments»

First announced in March 2009 as part of the broad Making Home Affordable program, HAMP is designed to help homeowners who are employed, but who are struggling to make their mortgage payments due to a financial hardship.

Both of these program are supported by and part of the Federal governments Making Home Affordable Program.

In other words, you can use the» Early Relief» program before trying the government's Making Home Affordable program which — if you're successful with a three - month trial that features lower monthly costs — leads to a permanent loan modification.

The federal Making Home Affordable program and FHA are planning to offer an opportunity for eligible «underwater» homeowners to refinance their existing mortgage loans with FHA mortgage loans at a lower amount than their existing mortgage loans.

«There's a broad product mix of conventional financing, government - backed programs like FHA loans and special refinancing programs through the Making Home Affordable program,» says Anderson.

The «Making Home Affordable Program» can help anyone who meets the following criteria:

These letters also are typically required when requesting a loan modification under the federal government's Making Home Affordable program [source: Prevost].

That is why the Obama Administration developed Making Home Affordable Program in an effort to help millions of struggling homeowners through some very difficult times and make your home more affordable.

Making Home Affordable (MHA) Program - If you need help with your mortgage, you should look into the government's Making Home Affordable Program, including HAMP, HAFA and 2MP.

The government's Home Affordable Modification Program, part of the government's Making Home Affordable Program, which encourages lenders to offer more loan modifications by giving them grants, subsidies, and other financial incentives.

Contact your loan servicer to see if you qualify to refinance your mortgage through the Making Home Affordable program.

The government's Making Home Affordable program has helped about 650,000 homeowners modify mortgages since February.

Although the Making Home Affordable program aimed to help 4 million distressed homeowners, only 31,382 mortgages have actually been permanently modified, according to the Treasury Department.

This would be through the federal government's Making Home Affordable program.

The Obama Administration's Making Home Affordable Program was created in order to help modify the terms of mortgages for borrowers who are in danger of losing their home to foreclosure.

While refinance under Making Home Affordable program may not benefit individuals with excellent credit, since they may already have low interest rates, it is definitely of great help for people with mediocre and bad credit scores.

December 30, 2016 is the last day to apply for assistance under many federal Making Home Affordable programs, which were created to help homeowners struggling with their mortgage payments.

Not exact matches

Although the Ohio governor says he opposes the Affordable Care Act and would repeal it, he is one of the few Republican governors who approved expanding Medicare in his home state to help pay for the new health care program when it began in 2012.

In December, the Los Angeles City Council voted to create a permanent revenue stream for its affordable housing program by slapping a fee on new homes and apartments.

If you're looking to refinance in Rhode Island, one great resource is the state Home Affordable Refinance Program.