Foreclosure

HAMP extended until Dec. 2013; HAMP’s Eligibility also Extended

The Home Affordable Modification Program (HAMP), one of the Obama  administration’s foreclosure prevention programs is extended until December 31, 2013. The extension of one of the administration’s foreclosure prevention programs was announced last Friday by Housing and Urban Development (HUD) Secretary Shaun Donovan, Assistant Treasury Secretary Tim Massad, and White House National Economic Council Director …

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Owning a Home Still Part of the American Dream, Yahoo! Study Says

Four out of five or 81% of the 1,545 U.S. adults polled in the recent Yahoo! Real Estate survey say that owning a home is still part of the American dream. “The study finds that optimism about homeownership is widespread despite the massive downturn that has so far claimed six million homes in foreclosure and …

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