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2010-09-03 05:10
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Posts Tagged ‘plan’

Latest housing plan might help only a few

March 26: In an acknowledgement that the $75 billion dollar mortgage bailout has fallen short, the government on Friday announced plans to expand the program to target those homeowners who owe more than their homes are worth. CNBC's Diana Olick reports.  (Nightly News)A series of changes to the Obama administration’s year-old foreclosure relief plan do little to attack fundamental logjams that have plagued the program.










ForeclosurePresidency of Barack ObamaBarack ObamaPresidentUnited States

U.S. unveils plan to shrink some home loans

March 26: In an effort to stem the foreclosure crisis, the White House is proposing a new initiative to help struggling homeowners. NBC’s Chuck Todd has more details. (Today Show)After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration has a plan to cut the amount some troubled borrowers owe on their home loans.










ForeclosureUnited StatesPresidency of Barack ObamaLoanMortgage

The Week Ahead

FX markets continue to fluctuate broadly in recent ranges, turning with every twist in the ongoing Greek drama. Risk saw higher in the beginning of the past week as EU leaders appeared to be in agreement on a plan to provide an aid package to Greece. Then the German government…

HDB launches 1,534 new BTO flats

THE Housing Board has released 1,534 flats at two new projects, in the latest move to allay widespread fear of a public housing shortage.
Yesterday, it launched 750 build-to-order (BTO) units in Punggol and 784 in Woodlands. A further 1,000 BTO flats in Sengkang and Sembawang are slated for launch next month.
The launches are in line with the HDB’s plan to offer an islandwide spread of 7,000 BTO f… more

Mortgage relief reaches 7 percent of borrowers

The Obama administration’s mortgage relief plan provided help to 7 percent of borrowers who signed up last year.









MortgagePresidency of Barack ObamaBusinessUnited StatesFinancial Services

Mortgage relief slow in coming to many

Just over 31,000 homeowners have received permanent loan modifications under the Obama administration’s mortgage relief plan, a big setback for the government’s embattled effort to stem the foreclosure crisis.







MortgageForeclosurePresidency of Barack ObamaBusinessGovernment

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