A defining feature of the 2008 recession was the staggering number of people who lost their homes. While there were 717,522 foreclosures in 2006, according to the Pew Research Center, that number ...

NEW YORK (Reuters) - Bank of America Corp lost its bid to dismiss a lawsuit accusing it of reneging on promises to help borrowers modify their mortgage loans under a much-criticized federal program.

20,666 mortgages changed under government program BofA has 240,000 mortgages in trial modifications CHARLOTTE, N.C., March 12 (Reuters) - Bank of America Corp completed 20,666 mortgage modifications ...

If you’re struggling to make your monthly mortgage payment, losing your home can become an all-encompassing fear. But, there are two lifelines available through the federal government: the Home ...

Metrics for the Making Home Affordable Program (HAMP) improved substantially during March according to data released late Wednesday by the Treasury Department. The foreclosure prevention program, a ...

The Home Affordable Modification Program (HAMP) was designed to help homeowners who were struggling financially avoid losing their homes. It did this by modifying some aspects of the original mortgage ...

In addition to analyzing the factors that have constrained the success of the Home Affordable Modification Program (HAMP) the Solicitor General for the Toxic Asset Relief Program (SIGTARP) also looked ...

Bank HAMP Stats Better, but Still Weak The Obama administration is saying the HAMP program is accelerating but nearly a year into the program, only a quarter of eligible borrowers are participating in ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For some reason we find the Home Affordable Modification Plan — the US government’s programme to encourage ...

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President Barack Obama’s main foreclosure-prevention program is a failed effort that may be doing more harm than good by spreading the housing crisis over several years, lawmakers and a U.S. watchdog ...

The Home Affordable Modification Program will expire at the end of this year, and experts from the industry talked about its replacement: One Mod: Principles for Post-HAMP Loan Modification at the ...