Posts with tag making homespsnotreqdaffordable

Mortgage Mods Up, But Paperwork Still A Snag For Many

If you're one of the 787,231 people who now has a trial modification, you better be sure your paperwork gets completed on time. People whose deadline was December 31, 2009 received an extension until January 31, but the government says there will be no more extensions. The good news is that more people are successfully... Continue Reading »

A Mortgage Mod Happy Ending

Mortgage modifications were going to help up to four million Americans save their homes, remember? That was the claim of the Obama Administration when it announced its Making Home Affordable program in early 2009. Yet more than three million applications later, only about 100,000 mortgages have actually been modified under... Continue Reading »

Does a Drop in Home Sales Portend a Double-Dip?

The housing market broke its lucky streak with a depressing report from the National Association of Realtors. The number of people with signed contracts to buy a home was down 16 percent in November compared to October. Sixteen percent! Suddenly the media - ABC News, the New York Times, etc. - is talking about a... Continue Reading »

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