Content Tagged As mortgage_relief
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Government mortgage plan aids just 16% of borrowers
March 12, 2010 2:29 PM
The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, and hundreds of thousands of homeowners are in limbo without an answer. The Treasury Department says that as of last month, about 170,000 homeowners had completed the... more » -
Government readies changes to mortgage relief plan
January 27, 2010 5:28 PM
The Treasury Department plans on Thursday to unveil changes designed to streamline the burdensome paperwork for its foreclosure relief plan, according to people briefed on the matter. The tweaks to the problem-plagued program could help more borrowers complete loan modifications. But they are unlikely to placate critics who have... more » -
Mortgage relief plan hits goal early
October 8, 2009 10:15 AM
The government's mortgage relief program has hit its goal of helping 500,000 borrowers, almost a month ahead of schedule. The government in July gave the lending industry a Nov. 1 deadline to meet that goal for the $50 billion program, which is designed to reduce foreclosures by lowering borrowers' monthly... more »
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