Today, the Obama Adminstration opened its foreclosure prevention program with the launch of a new consumer Web site. Here's the scoop from our news partner Michael Gerrity at REAL ESTATE CHANNEL.
Administration Launches New Consumer Website for Responsible Homeowners Seeking Relief
(WASHINGTON, D.C.) -- The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today launched a new website for consumers seeking information about the Obama Administration's Making Home Affordable program.
MakingHomeAffordable.gov offers features including interactive self-assessment tools that will empower borrowers to determine if they're eligible to participate and calculate the monthly mortgage payment reductions they could stand to realize under the Making Home Affordable program.