Just about every posting regarding the Obama mortgage modification program says it’s a dud. Those on the left say not enough has been done, those on the right say too many homeowners are washing out of the program. What’s too often left out is any sense of context. The reality is that the Obama loan modification program has saved roughly 100 times as many homes from foreclosure as the programs started under President Bush.
Obama mortgage modification plan — 100 times better than Bush
Most Popular Articles
Latest Articles
Reverse mortgage professionals react to H4P rule changes
Reverse mortgage professionals and AARP offered responses to recent changes handed down by HUD to the HECM for Purchase program.