Topic: Home Affordable Modification Program

Why Obama is unveiling mortgage relief plan on Super Tuesday

President Obama will announce a mortgage relief plan to help some 3 million homeowners. Is it coincidence that Obama's first news conference since November is during Super Tuesday?

White House proposes new help for troubled mortgages. Too little, too late?

President Obama's mortgage modification program has helped only a fraction of Americans under water. New measures have been proposed, but they could be costly to taxpayers.

Gas prices and five other liabilities for Obama in 2012

“Yes We Can” was so 2008. Now President Obama is the incumbent, with a record to defend. More than whom the Republicans nominate to run against him in 2012, how voters perceive Mr. Obama’s accomplishments and liabilities – two highly subjective categories, at times overlapping – will determine whether he gets four more years. Here are his top six liabilities, including still-high gas prices:

Housing market: Which state faces biggest foreclosure risks? New Jersey.

The US has 1.8 million units of 'shadow inventory' – distressed properties likely to hit the housing market. New Jersey tops the list, with Illinois, Florida, and California also among the most at-risk. The data, part of a new report, show both improvement and remaining problems.

House looks to cut $62 billion for distressed homeowners, properties

The House voted this week to end two programs to help certain homeowners struggling to pay their mortgages. More housing aid is on the chopping block, as lawmakers decry 'ineffective' programs.

A million foreclosed homes – with bad vibes

As foreclosures skyrocket, more buyers consider buying a foreclosed-upon house – but not until the bad vibes are cleared out by a witch or shaman.

Bank of America, JPMorgan Chase object of mortgage lawsuits

Bank of America and JPMorgan Chase are being sued by homeowners who say that banks failed to honor mortgage contracts, foreclosing on families making payments on proposed modifications.

Foreclosed homes: three potential fixes for the crisis

Towering mortgage debt continues to fuel the housing crisis. What policies could help reduce the number of foreclosed homes?

Sand castle stimulus reclaimed by the tides

Stimulus programs only worked as long as the money poured in. When the tide of cash rolled back out, the sand castles had melted away.

Foreclosure crisis phase 2: The negative equity dilemma

Many prime borrowers are being caught between devalued homes and job losses. Will Congress step in?

Nine years to dig out of home foreclosure inventory

It may take nine more years for banks to dig out of the current home foreclosure backlog.

Obama home-foreclosure relief: Do I qualify for a mortgage refinance?

Here's a look at who qualifies for a mortgage refinance under President Obama's new home-foreclosure relief plan.

Federal mortgage modification plan disappointing so far

Red tape and limited savings are hampering the much-lauded $75-billion mortgage modification plan. A new round of government help may be on the way as foreclosures are expected to reach 3 million in 2010.

Home mortgage foreclosures rise in third quarter

Home mortgage foreclosures and delinquencies were up in the third quarter despite greater efforts to help homeowners. Defaults on modified loans were also high.

Obama declares small victory in war on home foreclosures

Half a million at-risk homeowners now are less likely to default, thanks to HAMP, the Obama administration's foreclosure-relief program.

Homeowner aid plan will have to work fast