In an effort to rebuild neighborhoods impacted by foreclosure and spur homeownership opportunities, the Wisconsin Housing and Economic Development Authority (WHEDA®) proudly announced a niche l
Under the Obama Administration's Making Home Affordable program, announced in May, in addition to incentives to modify distressed borrowers' loans, lenders could get up to $1,000 for allo
The Ford Foundation is contributing $50 million to the National Community Stabilization Trust, a consortium of community-based nonprofit organizations that will wo
Overview of the National Community Stabilization Trust efforts in the Twin Cities. Article describes local efforts to acquire foreclosed properties using the first look program under the NCST
Article points out a flaw in the Foreclosure Prevention Program. Program does not provide protection for servicers against lawsuits from mortgage investors angry over loan and mortgage modifi
A look at President Obama's Foreclosure Prevention Program which offers generous financial incentives and regulatory measures to gain lender participation.
An editorial that points out pros and cons of President Obama's Foreclosure Prevention Program. Author suggests lowering monthly payments by reducing the principal remaining on the loan in an
President Obama's ambitious Foreclosure Prevention Program may end up helping fewer homeowners than originally advertised because of tough eligibility restrictions, likely delays in execution an