InfoAnda - Modification Mortgage Conversion Drive Gets The Administration Push

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Can Mel Gibson still draw a crowd? | 15 January 2010
Japan holds rates steady, boosts bond purchases | 18 March 2009
Billy Idol promises drugs, booze and women in his memoir | 9 October 2010

Indonesia's Yudhoyono unveils rainbow cabinet | 22 October 2009

Home U.S. World Entertainment Sports Business Health Science Technology Politics Offbeat Environment Travel News Articles Modification Mortgage Conversion Drive Gets The Administration Push November 30, 2009 9:24 p.m. EST Topics: Politics, United States Tejinder Singh - AHN Correspondent Washington, DC (AHN) - The U.S. borrowers currently struggling in the trial phase of their modified mortgages under the Obama Administration's Home Affordable Modification Program (HAMP) are set to get help according to the U.S. Department of the Treasury and Department of Housing and Urban Development (HUD). "We are encouraged by the pace at which trial modifications are now being made to provide immediate savings to struggling homeowners," said the new Chief of Treasury's Homeownership Preservation Office (HPO), Phyllis Caldwell. "We now must refocus our efforts on the conversion phase to ensure that borrowers and servicers know what their responsibilities are in converting trial modifications to permanent ones." In her new role, Caldwell will lead HPO's conversion drive efforts. The HUD officially kicked off the drive today as it declared that with tens of thousands of trial modifications being made each week, "the Administration is now working to ensure that eligible borrowers have the information and the assistance needed to move from the trial to the permanent modification phase." The administration claimed that the modification program has "helped over 650,000 borrowers," and "is part of the Administration's broader commitment to stabilize housing markets and to provide relief to struggling homeowners and is a primary focus of financial stability efforts moving forward." Through the efforts being announced today, Treasury and HUD will implement new outreach tools and borrower resources to help convert as many trial modifications as possible to permanent ones, the statement highlighted. "Encouraging borrowers to move through the process of converting trial modifications to permanent modifications remains a top priority for HUD," said HUD Assistant Secretary for Housing and FHA Commissioner David Stevens. "As a part of our continuing efforts to improve the execution of the HAMP program, HUD is committed to working with servicers, borrowers, housing counselors and others dedicated to homeownership preservation to improve the transition of distressed homeowners into affordable and sustainable mortgages." Copyright © 2003 - 2009 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License AHN news for your website, business, digital signage network or publication. Recent Posts Most Popular Comments Recent Comments Popular Threads Home | U.S. | World | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird / Offbeat Follow AHN on Twitter AHN Social News connects you with friends and the news Client Login | Submit News | Privacy Policy | Terms of Use | Contact | Content Services © 2009 AHN All Rights Reserved

Other News on Tuesday, 1 December 2009
Mysterious 'Saddam Channel' drops off Iraqi TV
Nokia plans one Linux phone next year: source
Iraqi civilian deaths drop to lowest level of war
Obama orders Afghan strategy into force
Death toll in Russia train blast rises to 26
UK to send 500 extra troops to Afghanistan | International |
Online retailers pin hopes on 'Cyber Monday'
Hezbollah cuts Islamist rhetoric in new manifesto | International |
EBay fined by Paris court over LVMH sales
Hamas: Gaps remain over prisoner swap with Israel
French court fines eBay for perfume sales
Israel says enforcing West Bank settlement moratorium
Swiss minaret ban may signal new right-wing surge | International |
British yacht crew of five detained in Iran | International |
Somali pirates seize Greek tanker near Seychelles | International |
Venezuela closes four banks after Chavez warning | International |
US-TECH Summary
Nokia plans one Linux phone next year: source
Ensign adds Reid race to reasons for staying on
Amazon says Kindle sales hit monthly record in Nov | Technology |
Man charged with capital murder in 3 Kan. deaths
NATO: body of second missing US paratrooper found
EBay fined by Paris court over LVMH sales | Technology |
Uzbek power grid withdrawal set to cause shortages
US envoy urges Okinawa base issue resolved soon
Suspect in officer killings eludes law in Seattle
6 Afghan national police killed by fellow officer
Court takes on fraud lawsuit vs. Australian bank
China to try 58 accused of covering up mine deaths
Court hears Vioxx lawsuit arguments
China to try 58 who covered up mine accident
Motorized bar stool from Ohio DUI being auctioned
Police accused of abuse in Indonesia's Papua
Texas inmate escapes while being transferred
Family: Minn. pilot injured in China plane crash
Bangladesh ferry death toll rises to 77
U.S. Senate to begin debate on healthcare overhaul
US Senate to kick off historic health care debate
Elizabeth Kennedy named AP bureau chief in Beirut
Chinese minister: We aren't manipulating currency
Mahindra and BAE to form new India defense company
Japan central bank chief says country in deflation
Disney reviewing options on Oprah replacement
Disney in no hurry on Oprah decision
Beauty queen's woes reflect HIV stigma in Russia
Japan manga fans flock to cartoonist's funeral
Disney reviewing options on Oprah replacement | Entertainment |
Kava the drink of choice in laid-back Pacific
Bordeaux banks on biodiversity
Polanski release could take more time: French envoy | Entertainment |
Changing times give Jerusalem market new, old flavour
Disney reviewing live shows after Lambert | Entertainment |
French maestro Pretre to conduct Vienna's New Year's Concert
Mexican author Pacheco receives top Spanish literary prize
Polanski release could take more time: French envoy
Obama orders Afghan strategy into force
EU president takes office as Lisbon Treaty enters force
South Korea knocks down rumor North leader dead | International |
EU extends visa-free travel to Serbia, Macedonia, Montenegro
US-TECH Summary
Trade ministers disagree on WTO Doha talks
Iran enrichment plans largely bluster, experts say
Switzerland under fire over minaret ban
Dubai and Abu Dhabi markets plunge on debt woes
China says talks best way to solve Iran nuclear issue | International |
Hamas: Gaps remain over prisoner swap with Israel
Sirius XM CEO says holiday sales on target
Dubai World to restructure parts of group including Nakheel
Defiant Iran slams IAEA amid Western censure
Suspected Darfur kidnappers threaten to kill French workers
Judge aims to bar first Latin America gay wedding | International |
2009: the Year of Twitter
U.S. blasts Sudan over Darfur peacekeeper harassment
Kenya ivory seizure 'reflects poaching rise'
Iran sends mixed signals on quitting NPT
Algerian Guantanamo detainee transferred to France | International |
Italy's Berlusconi visit ends Belarus isolation
Amazon says Kindle sales hit monthly record in Nov
British yacht crew of five detained in Iran | International |
Early intervention aids children with autism: study
HIV-infected Chinese children struggle with stigma | International |
Time running out on Doha accord: WTO chief
WHO changes HIV treatment advice
Jackson bumps Spears from atop Yahoo '09 searches | Technology |
Sirius XM CEO says holiday sales on target | Technology |
Australian opposition change jolts climate debate
US transfers two Tunisian Guantanamo men to Italy
Kennedy touts health care reform, sidesteps flap
Forest Service eyes night flying against fires
Competency hearing begins in Elizabeth Smart case
4th-generation southern white rhino born in Ohio
Man who aided Detroit corruption probe gets prison
Obama sets new Afghan strategy, briefs allies
Pentagon official corresponded with WH crashers
U.S. Senate opens work on healthcare bill
S.Korea to keep accommodative policy -officials
Tiger Woods withdraws from tournament, not talking | Entertainment |
Alec Baldwin says lost interest in acting, will soon quit | Entertainment |
Seoul shares flat after early volatility
U.S. war drama wins top film at Gotham awards | Entertainment |
Hard-working Springsteen exactly where I want to be | Entertainment |
Taiwan Cement unit to buy HK firm for $516 mln
Korea Hot Stocks
Kelsey Grammer to make Broadway musical debut | Entertainment |
Norah Jones announces spring tour | Entertainment |
Seoul shares open lower as caution persists
Chelsea Clinton to wed long-time boyfriend | Entertainment |
Strokes returning to the stage in 2010 | Entertainment |
US-ENTERTAINMENT Summary
Hard-working Springsteen "exactly where I want to be"
US author Littell wins Bad Sex in fiction prize
Kelsey Grammer to make Broadway musical debut
Strokes returning to the stage in 2010
Judge puts Latin America's first gay marriage on hold
`New Moon' keeps shining with $42.9M weekend
Broadway shows returning to New Orleans
Chelsea Clinton to wed long-time boyfriend
Clinton daughter, Chelsea, engaged to be married
Iran says may take serious action against Britons | International |
Suicide bomber kills Pakistan parliamentarian | International |
Iran says to protest over IAEA nuclear resolution | International |
Philippines files murder charges for massacre | International |
Charges spelled out against Nazi guard Demjanjuk | International |
Israeli settlers block government inspectors | International |
India tightens security at nuclear facilities | International |
Nostalgia, hope as Baghdad's passenger boats return | International |
Bethlehem traders still waiting for Christmas cheer | International |
Nokia files suits against display, monitor makers | Technology |
Obama facing tough selling job on Afghan policy
Black Friday shoppers tweet, friend and clip | Technology |
Emotions high, Senate opens partisan health debate
House panel sets hearing on White House breach
Black Friday Web shopping up 11 percent: comScore | Technology |
Swiss won't release Roman Polanski before Friday | Entertainment |
Supreme Court Stops Release Of Detainee Photos
First Would-Be White Mayor In Decades, Establishment Candidate Face Off In Atlanta Run-off
Suspect In Police Execution Shot Dead Ending Two-Day Manhunt
New Form Of Lethal Injection Introduced In Ohio
Obama To Announce Afghan Strategy In Primetime Address From West Point
President Obama Calls Indian Premier, Discusses Afghanistan And Climate Change
Major Top-Level Changes In The U.S. National Intelligence Setup
Modification Mortgage Conversion Drive Gets The Administration Push
Burglar: 'Obama Let Me In'
Texas Police Hunt Escaped, Armed Child Molester
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01