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U.S. Department of the Treasury

Homeowner Equity Grows by More Than $815 Billion in Q1

House Atop Money/Credit: Creatas

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the May edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Data continue to show important progress across many key indicators—as the annual home price increase is the highest since the housing bubble burst in mid-2006 and purchases of new and existing homes remain strong—although officials caution that a full housing recovery will take more time.Click to continue

HAMP Program Extended Through the End of 2015

House Atop Money/Credit: Creatas

The U.S. Department of the Treasury and the U.S. Department of Housing & Urban Development (HUD) have announced an extension of the Obama Administration’s Making Home Affordable program through Dec. 31, 2015. The new deadline was determined in coordination with the Federal Housing Finance Agency (FHFA) to align with extended deadlines for the Home Affordable Refinance Program (HARP) and the Streamlined Modification Initiative for homeowners with loans owned or guaranteed by Fannie Mae and Freddie Mac.Click to continue

1.1 Million Homeowners Received Permanent Modification Through HAMP to Date

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The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the April edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. The latest data show important progress across many key indicators—as home values continue to rise and home sales remained strong in April—although officials caution that the overall recovery remains fragile.Click to continue

Permanent Loan Mods Saving Homeowners $500-Plus Per Month Via HAMP

Home Money/Credit: Comstock

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury released the March edition of the Obama Administration's Housing Scorecard that shows important progress across many key indicators—as home prices continue to show strong annual gains and purchases of new homes and sales of existing homes sustained their upward trajectory—although officials caution that the overall recovery remains fragile.Click to continue

Servicers Continue to Demonstrate Improvement in Making Home Affordable Program Efforts

Keys_to_Homeownership/Credit: Creatas Images

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the February edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Data continue to show important progress across many key indicators—as home prices ended the year with strong gains and purchases of new homes and sales of existing homes were also strong—although officials caution that the overall recovery remains fragile.Click to continue

More Than 1.1 Million Homeowners Granted Permanent HAMP Status

Foreclosed Home Sign

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have jointly released the January edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data continue to show signs that the housing market is strengthening, with the number of underwater borrowers continuing to decline as home prices continue to improve, although officials caution that there is regional variation and the overall economic recovery remains fragile.Click to continue

Permanent HAMP Loan Mods Hits the 1.1 Million Mark

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The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the December edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Data continue to show important progress across many key indicators with the housing marketing bottoming out nationally and clearly turning a corner—as home values continue to rise and home sales remained strong in November—although officials caution that the overall recovery remains fragile. Click to continue

More Than 1.1 Million Approved for Permanent HAMP Loan Mods

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The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the November edition of the Obama Administration's Housing Scorecard— a comprehensive report on the nation’s housing market. Data continue to show signs that the housing market is strengthening—as home values continue to rise and home sales remained strong in October.Click to continue

Treasury Department Names 30 to Financial Research Advisory Committee

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The U.S. Department of the Treasury has announced the 30 distinguished professionals in economics, finance, financial services, data management, risk management, and information technology, who will serve on the Financial Research Advisory Committee of the Office of Financial Research (OFR). The Committee will hold its inaugural meeting on Dec. 5 in Washington, D.C. Members include two Nobel laureates in economics; leaders in business and non-profit fields; and prominent researchers at major universities and think tanks.Click to continue

Housing Scorecard Reports Nearly 1.3 Million Assisted Making Home Affordable Program

House Cash/Copyright: Getty Images/Credit: Jupiterimages

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the October edition of the Obama Administration's Housing Scorecard, a comprehensive report on the nation’s housing market. Data continue to show signs that the housing market is strengthening—as home price improvements this year have helped lift more than 1.3 million families above water—although officials caution that the overall recovery remains fragile.Click to continue