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program that will provide personalized credit counseling free of charge to Hispanic homeowners trends in demographics and consumer behavior will become major drivers of new housing opportunities Obama administration overhauled its struggling foreclosure avoidance program IRS finally publishes rules for $6,500 repeat home buyer tax credit Repeat Buyers Need to Act Fast to Capitalize on Expanded Tax Credit Treasury Dept. says loan modification picture is improved The White House's fair market value Obama's standardized short-sale plan could help troubled homeowners Few troubled mortgages being modified permanently IRS to outline changes in the home buyer tax credit program April 07 May 07 June 07 July 07 August 07 September 07 October 07 November 07 December 07 January 08 February 08 March 08 April 08 May 08 June 08 July 08 August 08 September 08 October 08 November 08 December 08 January 09 February 09 March 09 April 09 May 09 June 09 July 09 August 09 September 09 October 09 November 09 December 09 January 10 February 10
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In an effort to keep more families from losing their homes, NCLR (National Council of La Raza), one of the largest national Hispanic civil rights and advocacy organizations in the United States, and Freddie Mac announced their partnership on a program that will provide personalized credit counseling free of charge to Hispanic homeowners who are more than 90 days behind with their mortgage payments.
http://is.gd/7gHfs
As the U.S. economy recovers, emerging trends in demographics and consumer behavior will become major drivers of new housing opportunities, resulting in a residential market vastly different from the one that existed prior to the recession, according to Housing in America: The Next Decade, a new research paper authored by John K. McIlwain, senior resident fellow, Urban Land Institute/J. Ronald Terwilliger Chair for Housing.
http://is.gd/7gHN2
The Obama administration overhauled its struggling foreclosure avoidance program today, saying it would require homeowners seeking to ease their mortgage terms to document their financial situation before a trial modification is granted.
http://is.gd/7gId4
If you've been holding back on the new $6,500 federal tax credit for repeat home purchases, you now have all the official IRS guidance you'll need to buy a house, qualify for the credit and pocket the $6,500.
http://is.gd/6YNpv
This past November, Congress elected to expand the home buyer tax credit to repeat buyers after seeing the success the temporary financial incentive had on the housing market and overall economy.
http://is.gd/6YM17
The Obama administration says pressure on lenders is paying off: The number of temporary modifications that have gone permanent has more than doubled in a month.
http://is.gd/6YIhM
Anyone interested in buying the White House? It seems that the property is not untouchable by the current market conditions.
rismedia.com/2010-01-24/one-year-into-obama-presi dency-what-is-the-white-house-worth/
Looks like short sales may get a bit more streamlined; If you're in trouble on your mortgage and can't get a loan modification, check out the Obama administration's standardized short-sale plan that's scheduled to roll out in the next several months.
www.latimes.com/classified/realestate/news/la-fi- harney13-2009dec13,0,4531315.story
Federal data released Thursday showed just how poorly banks are doing at turning the growing number of temporary loan modifications into permanent ones under the Obama administration's effort to curtail foreclosures.
www.latimes.com/business/la-fi-mortgage-mods11-20 09dec11,0,5476341.story
If you're thinking about applying for the new $6,500 home buyer federal tax credit or the extended $8,000 version, the Internal Revenue Service has just issued its first formal guidelines for you.
www.latimes.com/classified/realestate/news/la-fi- harney6-2009dec06,0,6231841.story
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