The Foreclosure Nightmare

Crisis In The Housing Market

Obama's Foreclosure Prevention Efforts Criticized()  

A house under foreclosure that will soon be auctioned in Las Vegas.

October 26, 2010 A federal auditor says the Home Affordable Modification Program is reaching too few people and hurting some homeowners by stringing them along, then rejecting them. But new data show the program is working well for those homeowners who actually manage to qualify.

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Crisis In The Housing Market

Economic Woes Spur Interest In Refinancing Plan()  

Charles Gibson and his wife Michelle receive assistance with reducing their home loan.

November 10, 2010 Two Columbia University economists have proposed a plan to help Americans save thousands of dollars on their mortgages every year. It would help all types of homeowners refinance, including those who are in good financial shape, and those who are on the cusp of foreclosure.

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