Ailing Homeowners, Homeowner | featured news

Pace of mortgage help rising but still slow

Mortgage servicing companies have the complex task of figuring out if millions of borrowers qualify for mortgage modifications. And there has been some progress lately getting homeowners sign up.

 

Housing plan reaches 1 in 5 borrowers

After a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says.

 

Refinancing aid reaches few ailing homeowners

Refinancing aid reaches few ailing homeowners

Less than 3 percent of "underwater" borrowers decide that the benefits of a new loan through government program are worth the closing costs.

 

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