Obama Scorecard: Foreclosure programs aid 1.4 million homeowners

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Obama Releases the august housing scorecard.. Two foreclosure prevention programs under the Obama Administration have continued to show positive results. For example, the Federal housing administration (fha) has given more than 1.4 million loss mitigations and early delinquency interventions. The Making Home Affordable Program has provided.

As of December, the most recent month on record, nearly 46.3 million Americans were receiving the food aid. year before Obama took office. The U.S. produced 4.9 percent of all its electricity from.

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The Obama administration’s embattled mortgage aid plan is coming under fresh criticism from a government watchdog who says the program is wasting billions of taxpayer dollars simply to delay.

More than 29,000 troubled American homeowners have been stuck in mortgage modification purgatory for at least a year, with no end in sight, under the Obama administration’s anti-foreclosure program, according to a recently released report from a watchdog panel appointed by Congress.

The moves saved more than 1.4 million jobs and $96. is for the government to help homeowners facing foreclosure. Lauretti, 51, said her father was a staunch Republican. She’s more independent,

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The administration’s scorecard also reported on its own efforts, and stated 1.3 million homeowner assistance actions have been executed as part of the Making Home Affordable Program. The scorecard.

The Obama administration will spend less than a quarter of the $50 billion it promised to help homeowners facing foreclosure, the nonpartisan Congressional Budget Office said in a report Monday. The CBO projection raises fresh questions about the success of the administration’s foreclosure.

Obama "housing scorecard" touts home equity gains, mortgage mods. the administration’s oft-criticized Home Affordable Mortgage Program resulted in around 1.4 million trial mortgage.

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While some homeowners may have received help from more than one program, the number of agreements offered were more than double the number of foreclosure completions for the same period (1.6 million). Data in the scorecard also show that the recovery in the housing market continues to remain fragile.

The Obama Administration’s foreclosure mitigation programs continue to provide relief for millions of homeowners in the housing recovery. As a result, the Making Home Affordable Program has assisted more than 1.5 million distressed borrowers since its inception in 2009, the Obama Administration said in its February Housing Scorecard report.