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Obama Administration HAMP Loan Modification Program Falling Short

Dennis Norman

The Treasury Department Plans to Spend $50 Billion on HAMP…Is it Going to “help keep “3 to 4 million Americans in their homes”as Promised Though?

Last week Herbert M. Allison,Assistant Secretary for Financial Stability for the  U.S. Department of the Treasury,testified before the House Committee on Oversight and Government Reform [...]

Over 360,000 borrowers have taken advantage of Fed’s Loan Modification Program

Dennis Norman

Earlier this week the Treasury Department released it’s eight “Tranche”report updating the status of the TARP (Troubled Asset Relief Program) which includes the Home Affordable Modification Programthat I have written about on several occasions.  The report shows that progress is being made with regard to loan modifications with $27.07 billion,of [...]

National Association of REALTORS(R) Urge Congress to help the housing market

By:Dennis Norman

There is no doubt the housing market needs a lift!  The National Association of REALTORS(R) are trying to help by urging congress to act quickly to help stimulate the market. 

The following is a 4 point plan that the REALTORS(R) recently delivered to members of congress.  In addition,the REALTORS(R) are asking their members [...]