Record-low mortgage interest rates helped to further stabilize the housing market over the past month, according to the latest “Housing Scorecard” released by the Obama. Home Affordable Mortgage.

The housing scorecard is a comprehensive report on the nation’s housing market. “The Obama. of foreclosure completions during that time. These modification arrangements included nearly 1.4 million.

Despite the ongoing fiscal emergency, the Obama administration has insisted that Washington will not provide any money to aid state governments. the highest rate of home foreclosures in US history,

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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.

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. The Administration’s foreclosure mitigation programs are providing relief for millions of homeowners as we continue to recover from an.

Neighborhoods greatly affected by the huge number of foreclosed homes for sale in Chicago can look forward to receiving $16 million in the coming weeks, while Cook County communities will get an estimated amount of $7.8 million. Lake County is set to get $1.4 million, while a total of $5 million will be given to the state.

Further hikes will follow as a result of cuts of $1.4. programs, based on encouraging banks to voluntarily renegotiate loans, have done nothing to aid the vast majority of those facing foreclosure..

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More troubled homeowners are dropping out of the Obama administration. more than 1.4 million people who applied. And it’s up from October, when approximately 756,000 had fallen out. The program is.

 · 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.

Making Home Affordable Program Performance Report Through August 2013. of foreclosure programs. The GSE Standard HAFA program is. more than 1.4 million permanent modifications and over 500,000 short sales and deedin lieu of foreclosure – actions, which includes their activity under MHA. Please visit www.FHFA.gov for the complete FHFA report.