Posts with tag obama

Obama: Mortgage Help Coming for Military, FHA Borrowers

WASHINGTON -- President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis. In his first full news conference of the year Tuesday, Obama was to announce plans to let borrowers... Continue Reading »

Government Shutdown May Impact First-Time Home Buyers

The government shutdown that will occur if Republicans in Congress and President Obama can't come to terms on budget legislation by midnight tonight could hit the ailing spring home-buying market like a ton of paving stones. The Federal Housing Agency (FHA), a popular source of low-down-payment mortgages of as little as... Continue Reading »

Obama Foreclosure Relief Plan to Get Smaller

Federally funded foreclosure relief will likely be less available to distressed homeowners as the Obama administration reduces the number of homeowners entitled to such aid, according to a story published today by Shahien Nasiripour of The Huffington Post. Facing pressure from major mortgage lenders and seven Republican... Continue Reading »

Obama's Clean Energy Goal: What Homeowners Can Do

President Barack Obama challenged the nation during his 2011 State of the Union Address to cut energy costs so that by the year 2035 we will have 80 percent of America's electricity coming from clean energy sources. Although that's 24 years from now, there are things homeowners can do now to help cut energy usage as we... Continue Reading »

Homebuyer Tax Credit: How to Claim It

The first-time homebuyer tax credit encouraged many buyers to take the leap in 2010. Though the deadline to close on a qualifying home purchase was Sept. 30, 2010, those buyers who did qualify now have to figure out how to collect. Kelly Phillips Erb of our sister site, WalletPop.com, did the hard work, so you don't have... Continue Reading »

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