A defining feature of the 2008 recession was the staggering number of people who lost their homes. While there were 717,522 foreclosures in 2006, according to the Pew Research Center, that number ...

20,666 mortgages changed under government program BofA has 240,000 mortgages in trial modifications CHARLOTTE, N.C., March 12 (Reuters) - Bank of America Corp completed 20,666 mortgage modifications ...

Metrics for the Making Home Affordable Program (HAMP) improved substantially during March according to data released late Wednesday by the Treasury Department. The foreclosure prevention program, a ...

WASHINGTON (Reuters) - An Obama administration program to help struggling homeowners modify their mortgages is not moving fast enough to keep up with the growing number of foreclosures, a U.S.

Pre-HAMP experience with loan modifications may have been key to the outcome of the Home Affordable Modification Program (HAMP) according to a paper published recently by the Federal Reserve Bank of ...

NEW YORK -- The Obama administration is taking another swing at improving its main foreclosure prevention program. The administration said it was expanding eligibility for its Home Affordable ...

Before the housing bubble burst, Anthony Ugaro lived across from a country club in Bloomfield, N.J. "I was playing golf every day. I thought I was a duke," he said. But the good life began to unravel ...

Banks may soon be required to screen and reject homeowners for the government's Home Affordable Modification Program (HAMP) before they can go forward with a foreclosure. That's the proposal lenders ...

Late in April, I went on Fox Business TV news to discuss the Home Affordable Modification Program with Gerri Willis. About halfway through the interview, Gerri asked me if I felt “government should ...