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Obama's Mortgage Modification & Relief Plan: There's Hope?
 
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http://www.60minuteloanmodification.com Loan Modification expert and author Mike Rockwood on President Obama's Housing Rescue plan announced in Phoenix today. For a free CD on Author Mike Rockwood's experience modifying 5 of his own home loans - and how you can too - please visit our Website at http://www.60minuteloanmodification.com
Views: 355 Ryan Rockwood
Obama's Loan Modification Plan: "What Does it Mean?"
 
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http://www.60minuteloanmodification.com Loan Modification expert Mike Rockwood explains President Barak Obama's Housing Rescue plan and how it may help distressed homeowners get a Loan Modification. But he cautions that there is simply not enough money in the bailout to nearly do the job. Homeowners must act now. For a free CD on Author Mike Rockwood's experience modifying 5 of his own home loans - and how you can too - please visit our Website at http://www.60minuteloanmodification.com
Views: 378 Ryan Rockwood
Obamas Home Loan Modification Plan
 
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http://homemodhelp.com Your Home Loan Modification Legal Advocates
Views: 4881 HomeModHelp
Modify Your Loan Under The "Obama Plan".
 
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Modify your loan on your own under President Obama's Home Affordable Modification Program (HAMP). Save thousands of dollars and get unlimited phone support. Few Spots Remaining.
Views: 127 loanmodification09
Obama Making Homes Less Affordable YoYo Plan Loan Modification - Short Sale - Foreclosure
 
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President Obama Loan Modification Plans have not worked at all. Here is the explanation on why. Short Sale & Deed in Lieu are now part of the HAFA program.
Views: 276 mikekteam
CHASE OBAMA MODIFICATION CONGRADULATIONS LETTER MORTGAGE PROGRAM
 
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JUST GOT THE LETTER OF CONGRADULATIONS TODAY-WHAT? 40 YEARS AT HIGHER INTEREST? CHASE OBAMA MODIFICATIONCONGRADULATIONS LETTER MORGTAGE PROGRAM THANKS CHASE, OBAMA AND OUR STIMULUS PROGRAM
Views: 96 darticus1
Ending HAMP: President Obama's Mortgage Program that Fails Homeowners, Wastes Taxpayer $
 
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Rep. Patrick McHenry (R-NC), Chairman of the House Oversight Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, speaks on the House Floor on the failures of the Home Affordable Modification Program and why it needs to be eliminated.
Views: 293 oversightandreform
Obama's (HARP 2.0) Explained in Less Than 2 Minutes. Home Affordable Refinance Program..flv
 
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http://www.harpprogram.net Resources and information about the Harp Program (Harp 2.0) and HOW the government could help you to get a Harp loan refinance. What Is A HARP Loan And Who Could Get A Harp Refinance? HARP is commonly referred to as the Home Affordable Refinance Program. In an effort to help stabilize the housing market, the federal government developed this program to help homeowners who either did not have enough equity for a traditional refinance or who were having problems making the monthly payments on their current mortgages. Who is the HARP program of 2012 designed for? Maybe you've gotten laid off, drained your savings account to make your mortgage payments, and now don't have any dime left to make further payments. Maybe you've had to take furlough days, a pay cut, and pay more in health insurance benefits and you simply don't have the income you used to have. In order to qualify for the Harp Program, you've got to own a mortgage that is held by one of the two government guarantors and you've got to have a lender that participates in the HARP program itself. Other than that, the government refinance program qualifications involve making regular payments on your mortgage for a consistent period of time, have the inability to qualify for a traditional refinancing package through other major lenders, and have your mortgage be underwater. Are you able to qualify for the Obama HARP program of 2012? If you think that you might qualify for the HARP program of 2012, then be sure to apply as soon as you can. Some lenders have limited positions available in this program, so be sure to get your application in ASAP. Your underwater home doesn't have to put your entire financial picture underwater as well. Apply today for HARP 2.0 and see just how much money you could save with a lower interest rate today! http://goo.gl/I3p0C search terms: Harp program, home affordable refinance program,harp 2.0 changes,harp loan,harp refinance,underwater mortgage refinance,mortgage refinance,Obama refinance..
Views: 8117 Makemoneyonline4noob
Fidelity National Legal Services - Obama Home Afforable Refinancing and Mortgage Modification
 
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Welcome to Fidelity National Legal Services. Fidelity National Legal Services works with distressed homeowners nationwide to avoid foreclosure and mitigate its associated negative credit impact. Fidelity National Legal Services provides an array of loss mitigation solutions and services including loan modification and short sale negotiation. If for whatever reason you are currently behind on your mortgage payments - or foresee that you will soon be unable to continue making your payments - take heart: you do have options. What is a Loan Modification? A loan modification is a change in one or more of the terms of a borrower's loan, and results in a payment that the borrower can afford. These changes may include either an extension of the term of the loan, and/or a reduction or modification of the interest rate, the monthly payment, or the principal balance. Fidelity National Legal Services can help today. (877) 941-4246 and (877) 941-4594
Views: 480 fidelitynationalls
Obama's Mortgage Plan Worthless Waste
 
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President Obama came to ground zero of the mortgage crisis--Arizona to announce his plan to help those with distressed mortgages. Now that the details have been released it turns out to be not only a waste--but worthless: http://tinyurl.com/72mj88
Views: 259 beckychr007
Ranking Member Issa: The Obama Mortgage Program Is A Tragic Failure
 
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Ranking Member Issa's opening statement at today's Oversight hearing on the Obama Mortgage Modification Program (HAMP). 3-25-10: Oversight Productions
Views: 819 oversightandreform
Obama Unveils $75 Billion Mortgage Relief Plan
 
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President Barack Obama unveiled his $75 billion mortgage relief plan, a series of measures the president says will keep 9 million people from losing their homes. (Feb. 18)
Views: 12111 Associated Press
CMBA's Chris George Analyzes Impact of Obama Mortgage Plan
 
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Chris George, President of CMG Mortgage and a member of the California Mortgage Bankers Association's Board of Directors. Chris appears on KSRO 1350 to speak with Curtiss Kim about the impact, particularly in the San Francisco Bay Area, President Obama's mortgage refinance and foreclosure prevention plan will have on homeowners.
Views: 1937 CAMortgageBankers
Issa: End Failed Administration Mortgage Program Now
 
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Today, Congressman Issa laid out the facts behind the utter failure of President Obama's mortgage modification program, otherwise known as HAMP. We think it should end immediately, because the numbers show it's making the problems in our housing market worse and delaying the inevitable for many American homeowners. 12-2-10: DEI Productions
Views: 148 Rep. Darrell Issa
Obama Housing Stimulus Plan
 
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Obama announced his action plan to revive the housing industry. The focus is to assist current home owners with there current mortgage, whether it is a refinance or loan modification. Also additional money will be used to purchase mortgage back securities to maintain mortgage rates in there current position. The plan has a deadline of March 4 but details still have not been announced.
Views: 1030 The Mortgage Reel
Robert Satnick Responds to Obama Mortgage/Foreclosure Plan
 
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CMBA Chairman Robert Satnick, Prime Financial Services, appears on KPCC Radio's Pat Morrison show to provide thoughts on President Obama's plan to address home foreclosures
Views: 450 CAMortgageBankers
Rep. Jordan Questions Lack of Transparency in Obama Mortgage Modification Program
 
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2-25-10: OGR Domestic Policy Subcommittee Hearing, Rep. Jordan Questions
Views: 54 oversightandreform
CNBC On Obama Loan Mod Program
 
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CNBC On Obama Loan Mod Program
Views: 984 FairLendingGuru
Obama's Mortgage Rescue Plan
 
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More than 11 million homeowners are at risk of foreclosure. President Obama rolled out a new plan that he hopes will help 4 million homeowners in the next 3 years. Chip Reid reports.
Views: 1444 CBS
Mortgage Refinancing | Obama Loan Modification explained
 
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Hi, Im attorney Brian Corey and Ive handled foreclosures and mortgage modifications throughout south Florida for hundreds and hundreds of clients. What Im here today to talk to you to you about is how I can help you or you can help yourself.
Views: 631 TheLoanDefender
How to Apply for a Making Home Affordable (MHA), Obama Plan Loan Modification (Spanish) Part1
 
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How to Apply for a Making Home Affordable (MHA), Obama Plan Loan Modification (Spanish) Part1
Views: 1643 mysocalrealestate
Obama's making home affordable program will help thousands save their homes from forseclosure
 
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http://www.michiganmortgagemodification.com Foreclosure Help- Find out how to lower your mortgage payment and save your home. Get the FREE Report "The 6 Reasons a Loan Modification will work for you"
Views: 1326 mimortgagemod
President Barack Obama unveiled his $75 billion mortgage relief plan, a series of measures the presi
 
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(18 Feb 2009) HEADLINE: Obama unveils $75 billion mortgage relief plan CAPTION: President Barack Obama unveiled his $75 billion mortgage relief plan, a series of measures the president says will keep 9 million people from losing their jobs. The AP's Julie Pace breaks down the plan. (Feb. 18) [Notes:ANCHOR VOICE] President Barack Obama is rolling out the next step in his multi-pronged plan to revive the U-S economy....a 75 billion dollar program to help struggling homeowners. Obama says the plan will keep nine million Americans from losing their homes to foreclosure. SOT Barack Obama "the plan I'm announcing focuses on rescuing families who have played by the rules and acted responsibly." The plan offers incentives for lenders to lower monthly mortgage payments for millions of Americans who are the brink of foreclosure. It will also make it easier for families to refinance their mortgages if their homes are worth less than they owe. Stand-Up Julie Pace/The Associated Press "Obama's housing plan is more ambitious than originally expected - and more expensive. But with the effects of the crisis reverberating across the financial markets, Obama says the plan is necessary to not only get the housing market back on track." SOT Barack Obama "In the end, all of us are paying a price for this home mortgage crisis. And all of us will pay an even steeper price if we allow this crisis to deepen," But some experts wonder if incentives will be enough to get banks and lenders to act. SOT John Taylor/National Community Reinvestment Coalition "maybe we'll all be pleasantly surprised and see these investors and lenders who weren't willing to move a week ago or thirteen months ago, all of the sudden, through a voluntary program, because of a $1500 fee, willing to do massive modifications. Maybe that will happen. Even so, the president says the plan can't - and won't - help everyone. SOT Barack Obama "it will not rescue the unscrupulous or irresponsible by throwing good taxpayer money after bad loans. It will not help speculators who took risky bets on a rising market and bought homes not to live in but to sell." Funding for the mortgage plan will come from the 700 billion dollar bank bailout passed by Congress last fall. Julie Pace, The Associated Press, The White House You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/938b0332598383163962d13da512f2a7 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 75 AP Archive
Jordan on the Failure of the Obama Administration Mortgage Program
 
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Rep. Jim Jordan's opening statement at today's Oversight hearing on the Obama Mortgage Modification Program (HAMP). 3-25-10: Oversight Productions
Views: 178 oversightandreform
Bail Pail Mortgage, How Can I Help You?
 
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Parody on the HAMP Mortgage Modification program also known as the "Obama Plan". Warning: Content might be considered offensive to Members of Congress who voted for the bailout and borrowers with $750,000 mortgages making $60,000 a year.. Do not play within earshot of children unless they are well versed on the Obama Bailout and have a solid grasp on their future tax liability. Highly recommended as pre-education for financial and marriage counselors embarking on emergency interventions. This is the flip side to Blood Sucking Vampire Realtors.
Views: 10977 Geckogm
Mortgage Modification Save Your Home!
 
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The Need for mortgage modification
Views: 179 mfdhousing
Obama reveals mortgage relief plan
 
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President Obama is using this super Tuesday to announce a new mortgage relief plan for military members and veterans. Under the plan borrowers with mortgages insured by the federal housing administration will be able to refinance at half the fee that
Views: 113 FOX 4 Now
HARP Refinance Explained
 
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https://www.dupagecu.com/index.asp Bob explains what HARP refinancing is, how it can benefit you as a homeowner and what you need to qualify. DuPage Credit Union is an authorized government HARP lender. For questions, or to apply, visit https://www.dupagecu.com/index.asp
Views: 14124 DuPage Credit Union
Ranking Member Issa Questions Lack of Transparency in Obama Mortgage Modification Program
 
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2-25-10: OGR Domestic Policy Subcommittee Hearing, Issa questions witnesses
Views: 43 oversightandreform
Obama Making Home Affordable Refinance and Loan Modification
 
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The Mortgage Reel - http://www.themortgagereel.com - The Obama Administration announced the home affordable refinance and loan mod program. The video is a step by step guide on preparation to the program which is released on April 4. Seattle home owners be patient, guidelines are slowly getting released and each financial institution has there own.
Views: 5379 The Mortgage Reel
Loan Modification Secrets & How to Avoid Foreclosure
 
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http://www.bankmortgagesecrets.com Best loan mortgage modification without loan refinance & best loss mitigation strategy for The Obama plan. Avoid bankruptcy, loan secrets banks don’t want you to know.
Views: 897 Bankruptcyloans
NBC6 - "how to avoid mortgage modification fraud"
 
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NBC6 news on mortgage modification fraud Mortgage fraud how to modify your home loan obama home affordability plan avoid fraud
Views: 397 NewNewsInfo
Loan Modification Frustration
 
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http://www.bankmortgagesecrets.com Best loan mortgage modification without loan refinance & best loss mitigation strategy for The Obama plan. Avoid bankruptcy, loan secrets banks don’t want you to know.
Views: 495 Bankruptcyloans
Loan Modification: Gets Aggressive with Obama's Rescue Plan!
 
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http://www.60minuteloanmodification.com Loan Modification expert Mike Rockwood says he will pursue more aggressive loan modifications for his clients in light of Pres. Obama's statement on loan modifications. Rockwood says that means he will push for lower interest rates and even principal reductions for clients. For a free CD on Author Mike Rockwood's experience modifying 5 of his own home loans - and how you can too - please visit our Website at http://www.60minuteloanmodification.com
Views: 847 Ryan Rockwood
Obama's Housing Program: One Month Later
 
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http://www.cambridge-credit.org -- It has been over a month since the Obama administration announced the U.S. Treasury Department's Making Home Affordable program. While the initiative has its merits, many believe that it falls short of offering struggling homeowners the help they desperately need. Watch this week's webisode from Cambridge Credit Counseling Corp. to learn more. Host: Community Outreach Director, Thomas J. Fox. Transcription: Hello, and welcome to Your Money 2.0. I’m Thomas Fox, Community Outreach Director for Cambridge Credit Counseling. It has been over a month since the Obama administration announced the U.S. Treasury Department's Making Home Affordable program. While the initiative has its merits, many believe that it falls short of offering struggling homeowners the help they desperately need. To recap, the Making Home Affordable program works in two ways. First, homeowners who are on-time with an existing mortgage owned by Fannie Mae or Freddie Mac may apply for refinancing under the The Home Affordable Refinance portion of the plan. In this case, eligible loans will include those where the first mortgage does not exceed 105% of the current market value of the property. The second part of the Home Affordable Modification allows homeovners who are struggling with making their payments apply to modify their mortage to make thing more manageable. This aspect of the plan is voluntary; therefore, it is unknow how succesfull the initative will be. Both programs have a shelf life – the Home Affordable Refinance program expires in June of 2010 and the Home Affordable Modification program expires on December 31, 2012. The predominant issue affecting homeowners is the drastic decline in the value of their homes – a term known as underwater where a home is worth less than the mortgage. major limitation of the program is that it does not attack the problem of negative equity -- mortgage balances larger than the value of the homes securing the mortgages. Furthermore, 65% of the mortgages originated in 2005 and 2006 were not securitized by either Fannie Mae or Freddie Mac. This means that there is a tremendous amount of homeowners that will not be able to seek help under the program. Economist Nouriel Roubini and market analyst Meredith Whitney predict that prices in the housing market will decline by another 20 percent before they level off. Nearly half of all homeowners will be underwater and owe more on their mortgages than the current value of their homes. That will increase the foreclosures and push scores of banks into default. This logic is backed up by Merrill Lynch’s economist,David Rosenberg, as he thorises that the housing market will need another three years to achieve price stability. Given the Making Home Affordable Cambridge recently launched keepyourhome.us to further the promotion of our Home Sweet Home initiative which achiever economic stabilization through recovery of the housing sector. Well, that’s it for this edition. We welcome your feedback and ask for your thoughts and suggestions by e-mailing us at yourmoney2@cambridgecredit.org. Thank you for watching. Until next time, I’m Thomas Fox for Cambridge Credit Counseling.
SIGTARP Barofsky Discusses GOP Oversight Investigation of Failed Obama Mortgage Program
 
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SIGTARP Neil Barofsky discussed Ranking Member Issa's work criticizing President Obama's failed mortgage modification program, HAMP, and a SIGTARP report similarly critical. 7-21-10: MSNBC's Dylan Ratigan Program
Views: 197 oversightandreform
President Obama on Working Through the Mortgage Crisis
 
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The President speaks after Housing Refinance Roundtable with real people who have benefited from renegotiating their mortgages and explains how millions of others can take advantage of his Making Home Affordable plan. (public domain)
Views: 24389 The Obama White House
New Second Mortgage Modifications
 
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http://www.cambridge-credit.org -- President Obama recently announced that his housing initiative was ready to expand to include second mortgage modifications. The Administration believes that ensuring a homeowners ability to stay in their home is critical to stabilizing the housing market. Once thats achieved, the logic is that the overall financial system will recover in turn. Watch this week's webisode from Cambridge Credit Counseling Corp. to learn more. Host: Community Outreach Director, Thomas J. Fox. Transcription: Hello, and welcome to Your Money 2.0. I’m Thomas Fox, Community Outreach Director at Cambridge Credit Counseling. The Obama Administration’s Making Home Affordable program has drawn a fair amount of criticism since it was announced. However, with 6 million families facing foreclosure in the coming years and countless others struggling to stay current on their mortgage payments, help was needed. The plan’s detractors focused on the omission of second mortgage modifications. Why should they be included? Second mortgages often complicate or prevent the modification or refinancing of a first mortgage because borrowers require permission from any second lien holder before an adjustment can be made. Now that 75% of mortgage servicers have begun participating in the Making Home Affordable program, President Obama recently announced that his housing initiative was ready to expand to include second mortgage modifications. The Administration believes that ensuring a homeowner’s ability to stay in their home is critical to stabilizing the housing market. Once that’s achieved, the logic is that the overall financial system will recover in turn. Given the popularity of second mortgages, it stands to reason that they’ve been included in the Making Home Affordable program. This new provision will help those with amortizing loans and those with interest-only loans. For traditional amortizing loans, or loans with monthly payments consisting of interest and principal, the administration will share the cost of reducing the interest rate on the second mortgage to 1%. Participating servicers will be required to follow specific steps to modify such loans. First, and most important, servicers must be willing to reduce interest rate to 1 percent. They’ll also need to extend the term of the modified second mortgage to the term of the modified first mortgage. After five years, the interest rate on the second lien will increase to the current interest rate on the modified first mortgage, subject to an interest rate cap. For interest-only loans, the administration will share the cost of reducing the interest rate on the second mortgage to 2%. Similarly, servicers of interest-only mortgages will need to adhere to guidelines similar to those I just outlined for amortizing loans. Alternatively, servicers will have the option to “extinguish” the second lien in return for a lump sum payment from the government, according to a pre-set formula determined by the Treasury Department. Unfortunately, because the formula equates to just pennies on the dollar, only time will tell if many servicers agree to extinguish these liens. The administration's second mortgage initiative will be funded out of $50 billion in financial rescue money that has already been allocated. As in the original plan, participation is encouraged through financial incentives that can be paid to servicers. Mortgage companies would receive $500 for each modified loan, plus $250 a year for three years, providing the borrower doesn't default. You can learn more about the Making Home Affordable program by visiting www.makinghomeaffordable.gov. Well, that’s it for this edition. We welcome your feedback and ask for your thoughts and suggestions by e-mailing us at yourmoney2@cambridgecredit.org. Thank you for watching. Until next time, I’m Thomas Fox for Cambridge Credit Counseling.
Loan Modification & Barak Obama: How to Save Your Home!
 
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http://www.60minuteloanmodification.com Loan Modification expert Mike Rockwood explains the newest buzzword, 'Loan Modification.' Many distressed homeowners may not even know what a loan modification is! Mike Rockwood explains what it is and how to apply. For a free CD on Author Mike Rockwood's experience modifying 5 of his own home loans - and how you can too - please visit our Website at http://www.60minuteloanmodification.com
Views: 1636 Ryan Rockwood
Success!!! Benefit From Obama's Refinance Plan
 
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Success!!! Benefit From Obama's Refinance Plan
Views: 419 Dean Wegner
BARACK OBAMA HOME MORTGAGE STIMULUS PLAN IN ARIZONA 2 FEBRUARY 18 2009 CONCISE
 
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BARACK OBAMA HOME MORTGAGE STIMULUS PLAN 2 IN ARIZONA FEBRUARY 18 2009 CONCISE HIS EXPLANATION AND THE PLAN-THAT'S IT I REMOVED INTROS GREETINGS ETC.
Views: 1087 ZZZZZZZZZZZZAMBONI
Mortgage Modification can Save Your Home!
 
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Mortgage Modification,Save Your Home,loan modification, Your bailout
Views: 5325 mfdhousing
Roy Oppenheim on Obama's Loan Modification Program
 
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Roy Oppenheim talks about what Obama's Loan Modification Program means to Florida real estate? The prior studies never factored in what we call strategic defaults where homeowners decide to just stop paying because it no longer makes sense to keep paying.
Views: 175 Roy Oppenheim
CNN Debunks Obama Mortgage Story
 
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CNN investigates and finds invalid a recent claim that Barack Obama received a favorable mortgage rate.
Views: 1592 tmzonn8233
Jordan and Issa Call for End to Failed, Wasteful Obama Mortgage Program
 
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Ranking Member Issa and Rep. Jim Jordan have called upon the Obama Treasury Department to axe the failed Home Affordable Modification Program (HAMP) that has rejected more applicants (436,053) than it has helped (346,816). 7-1-10: Oversight Productions
Views: 80 oversightandreform
Home Loan Assistance
 
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SmartMoney Deputy Editor, Matthew Heimer tells us about the Home Affordable Modification Program (HAMP) implemented by the Obama administration March 26. The program is intended to help people lower their mortgage payments and stay in their homes.
Views: 396 CBS News