Big homeowner rescue program kicks off – San Francisco Gate
Thursday, October 2, 2008 The Hope for Homeowners program, or H4H, passed as part of a housing reform bill in July, authorizes the Federal Housing Administration to help troubled homeowners refinance into 30-year fixed-rate mortgages. The actual …
Federal agency offers help fending off foreclosure – Boston Globe
Struggling homeowners with plummeting property values may now be able to avoid foreclosure by refinancing their mortgages through a new federal program, the Department of Housing and Urban Development said yesterday. HUD Secretary Steve Preston …
FHA Program Will Rework Loans – Washington Post
The Bush administration rolled out a program yesterday that aims to help thousands of struggling borrowers refinance into more affordable, government-backed mortgages and thus provide some relief for the foreclosure crisis that’s contributed to …
Nation?s home loan applications take sharp dive – San Antonio Business Journal
With the housing market mired in a historic downturn, the Mortgage Bankers Association (MBA) said Wednesday that mortgage applications across the country plunged 23 percent last week. The MBA said its seasonally adjusted index of mortgage application …
FHA launches mortgage help program – Medford Mail Tribune
WASHINGTON ? The Bush administration on Wednesday rolled out a program that aims to help thousands of struggling borrowers refinance into more affordable government-backed mortgages and thus provide some relief for the foreclosure crisis that has …
Mortgage applications down despite lower rates – Houston Chronicle
Mortgage applications in the U.S. fell last week with fewer Americans refinancing their mortgages even as interest rates declined. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan decreased 23 percent to …
US mortgage aid program opens doors, if slightly – Reuters
WASHINGTON, Oct 1 (Reuters) – A federal program to refinance up to $300 billion in troubled U.S. mortgages began accepting applications on Wednesday but the effort will have only a limited impact on the national foreclosure crisis. The HOPE for …
Couple takes active approach to make ends meet – Rensselaer Republican
Alfred and Brenda Jeffers of Goodland shop for the best prices at a Rensselaer discount grocery store. Photo by Brandon Hatfield/Republican RENSSELAER ? For the average household, surviving the current economic status could mean eating at home more …
Homeowners can seek new federal mortgage aid – Columbus Dispatch
WASHINGTON — Borrowers struggling with unaffordable mortgages might be eligible for help from a government-backed program, Housing and Urban Development Secretary Steve Preston said yesterday. “For homeowners in trouble, this may be the help they …
Credit Crunch: How to refinance or buy a home – ABC 15 News
Click the play button on the video window to the right to view the story. During this credit crisis, mortgage experts say people think they’ll be declined before they even apply for a loan. With the federal backing of Fannie Mae and Freddie Mac, the …
