Emergency Notification System
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Making Home Affordable
New Government Program
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A joint effort of the U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) launched a new Web site for consumers seeking information about the Obama Administration's Making Home Affordable loan modification and refinancing program. MakingHomeAffordable.gov features interactive self-assessment tools that will empower borrowers to determine if they are eligible to participate and helps them calculate the monthly mortgage payment reductions they could stand to realize under the Making Home Affordable program. The program will offer assistance to as many as 7 to 9 million homeowners making a good-faith effort to make their mortgage payments, while attempting to prevent the destructive impact of the housing crisis on families and communities. More...
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