Tag Archives: Treasury Department Extends Mortgage Relief

The White House announced that it is extending the Making Home Affordable Program, a refinancing program that has helped home owners lower their monthly mortgage payments and obtain loan modifications. The program, originally set to expire at the end of this year, has been extended two years until Dec. 31, 2015. The Making Home Affordable Program encompasses the Home Affordable Modification Program (HAMP), among other consumer protections. More than 1.1 million home owners have received permanent loan modifications on their mortgages through HAMP as of March 2013. The median savings […]