U.S. to increase housing loans
$14 billion to help jobless owners refinance via FHA
BY GRETA GUEST
FREE PRESS BUSINESS WRITER
The Obama administration said Friday that it would widen the reach of its home loan modification program, which could help thousands of unemployed and underwater Michigan homeowners.
The Home Affordable Modification Program, criticized for its slow pace and low number [...]
End of US Housing Slump Likely to Be Long, Painful
March 29, 2009 by admin · Leave a Comment
Like spring flowers, the “For Sale” signs are sprouting in front yards all over the country. But anxious sellers are facing the most brutal environment in decades, with a slumping economy, falling home prices and rising mortgage foreclosures.
And even the faint promise of better days ahead might not come true, given all the headwinds the [...]
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