obama mortgage relief program 2016

Are You Eligible for Mortgage Help Through the Hardest Hit Fund? – You may be eligible for mortgage assistance to prevent foreclosure of your house through Obama's Hardest Hit Fund.. It is part of TARP, the Troubled Assets Relief Program, which was created to in 2008 to stabilize the financial system as a result. In 2016, an additional $2 billion was added to the fund.

Making Home Affordable – Investopedia – Making Home Affordable is a program launched in 2009 to aid. The administration of President Barack Obama allocated $75 billion to the. A centerpiece of MHA was its Home Affordable Modification Program (HAMP) which gives eligible. extended deadline for MHA applications until the end of 2016.

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Obama Mortgage Explained for Borrowers Who Need Assistance – The term "Obama mortgage" has, for better or worse, been applied by some to one or more of the following. You’ll find that there’s one program that’s directly referred to as an Obama mortgage-the Making Home Affordable program.

A Needless Default – The American Prospect – The administration's foreclosure relief program was designed to help bankers, HAMP cannot be justified by the usual obama-era logic, that it.

Barack Obama born in Hawaii, Aug. 4, 1961 – In his first month in office, the Democratic-controlled Congress enacted a $787 billion tax relief. Obama’s tenure, the federal budget deficit fell sharply while the federal debt nearly doubled to.

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Many Homeowners Still Qualify For Mortgage Relief : NPR – Many Homeowners Still Qualify For Mortgage Relief A federal program known as HARP could save homeowners who qualify to refinance an average $200 a month. But many who hear about it are suspicious.

Deutsche Bank reverses pledge to help distressed homeowners – The bank said in a written statement that its consumer-relief program has provided. completed in the final days of the Obama administration, resolved a yearslong U.S. investigation into Deutsche.

Mortgage Forgiveness Debt Relief Act Extended Again. and. – President Obama extended the Mortgage Forgiveness Debt Relief Act through December 31, 2016. The extension is retroactive and covers mortgage debt cancelled in 2015.

HARP Home Affordable Refinance Program (ends Dec 31 2018. – MHA is only one part of the Obama Administration's broader efforts to strengthen the. Over 1.8 million families have been helped directly through HAMP.. for assistance under MHA programs expired on December 30, 2016.

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The Stuff of Politics – direct mortgage relief in the first two years of the Obama administration would have gone a long way toward stemming – or at least mitigating – the Republican wave of 2010 and beyond. It could have.

What You Should Know About Obama Loan Modification –  · For these borrowers, the loan modification part of the Obama mortgage plan is a very good way to get back on track financially. But who qualifies for loan modification under this homeowner relief program?