Obama administration extends Making Home Affordable Program until 2015

The announcement by Treasury Secretary Jacob Lew was timed to coincide with the fifth anniversary of the making home affordable program, an Obama administration initiative launched at the height.

Changes to the Home Affordable Unemployment Program (UP) will require servicers participating in the Administration’s Making Home Affordable Program (MHA) to extend the minimum forbearance period from 3 months to 12 months, whenever possible subject to investor and regulator guidance.

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Obama Administration Extends Modification Program to 2015.. 2015. The extension of the Home Affordable. and Making Home Affordable offers homeowners some of the deepest and most dependable.

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Matches HAMP deadline. The Federal Housing Finance Agency officially announced that the deadline for the home affordable refinance Program has been extended to the end of 2016, matching the deadline of the Home Affordable Modification Program. "Although the number of new borrowers entering these two programs continues to decline,

Servicer Challenges in Obama Administration’s Making Home Affordable Loan Modification Program Washington, DC March 17, 2009 The Obama administration recently announced the Making Home Affordable Program. The key components of the program are the Home Affordable Refinance Program and the Home

WASHINGTON – In an effort to increase awareness of the Making Home Affordable (MHA) Program’s free resources and assistance for struggling homeowners, the U.S. Department of the Treasury (Treasury), the U.S. Department of Housing and Urban Development (HUD), and the Ad Council today launched a new series of public service advertisements.

The Making Home Affordable Programs have been a critical part of the Obama Administration’s effort to prevent struggling homeowners from falling into foreclosure and stabilize the housing market from the historic housing crisis.

The Obama administration is extending the cut-off date for the Home Affordable Modification Program from Dec. 31, 2015, to Dec. 31, 2016, and has directed the Treasury Department’s Federal Financing Bank to allocate more funding for the construction of affordable rental housing. In remarks made during the Making Home Affordable (MHA) Fifth Anniversary Summit, U.S. [.]

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Related Terms: Making Home Affordable, Home Affordable Refinance, Home Affordable Modification > See All Mortgage Terms The Home Affordable Refinance Program (HARP) was an initiative put forward during the Obama administration, that offered a number of options designed to help homeowners, depending on their individual circumstances.