The government has unveiled new guidelines for a program designed to address problems with a mortgage-relief plan for distressed homeowners. Revisions to the Home Affordable Modification Program (HAMP ...

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 ...

With millions of Americans possibly facing foreclosure, the demand for help is outstripping supply. The latest Treasury report on the government's Making Home Affordable modification program notes, ...

Bank of America has announced that it has completed nearly 21,000 mortgage modifications under the federal government's Home Affordable Modification Program (HAMP), according to the bank's latest ...

WASHINGTON (Reuters) - More borrowers could be expelled from the Obama administration's premier home rescue program in coming months as mortgage servicers make final decisions on trial modifications ...

NEW YORK (Reuters) - Fannie Mae is taking steps that may reduce the number of loans it removes from mortgage-backed securities pools, a policy change that could help the government-controlled finance ...

HOPE NOW has released its May 2013 loan modification data, which found that an estimated 74,000 homeowners received permanent, affordable loan modifications from mortgage servicers during the month of ...