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Sputtering Obama Foreclosure Program May Threaten Recovery

The number of new homeowners entering the Obama administration's signature foreclosure-prevention effort dropped 35 percent to a one-year low in June, the third straight month during which the number of new enrollees was surpassed by the number of homeowners bounced from the program, newly-released government data show.

Commentary: Md. foreclosure-prevention law just adds to housing market’s woes

In contrast to the commendation of Maryland's new foreclosure mediation law ["Maryland takes a shot at slowing the flow of foreclosures," May 24] by Chad Williams, executive director of the Coalition for Homeownership Preservation in Prince George's County, I believe the measure is flawed, adds to delay in foreclosure and, as such, hurts homeowners, neighborhoods and the economic recovery in ...

Borrowers wait for answers on President Obama’s loan plan (Carson Times)

WASHINGTON -- Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration's foreclosure prevention program.

Lawmaker working to improve loan modifications (The Salt Lake Tribune)

Washington ยป A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government's struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.

Foreclosure call-in show offers advice (The Times-Reporter)

A foreclosure prevention television program will air on PBS station WOUB Thursday from 8 to 9 p.m.