Foreclosures
$75 Billion Housing Plan Unveiled E-mail
Facing Foreclosure
Written by Maura Reynolds, LA Times   

(March 4, 2009) Reporting from Washington — The Obama administration today released details of its $75-billion plan to stabilize the housing market by helping as many as 9 million homeowners refinance or modify their mortgages.

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How Barack Obama's housing plan might help you E-mail
Information on Foreclosures
Written by Maura Reynolds, Chicago Tribune   

(February 19, 2009) President Barack Obama announced a $75 billion plan to ease the epidemic of home foreclosures Wednesday. Here's what's in the plan for you:

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Obama to unveil $75-billion mortgage relief plan E-mail
Information on Foreclosures
Written by Mark Silva, L.A. Times   

(Feb. 18, 2009) Reporting from Washington — President Obama, announcing a $75-billion federal aid plan today for millions of homeowners facing mortgage foreclosures, is expected to say that the nation is facing "a crisis unlike any we've ever known."

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Efforts expand to help financially distressed homeowners E-mail
Facing Foreclosure
Written by Kenneth R. Harney, L.A. Times   

(Nov. 23, 2008) Reporting from Washington — You may have seen headlines about the latest public and private efforts to help financially distressed homeowners cope with their mortgage payments. But you might not have caught key details that could affect you or people you know -- now or in the recession months ahead.

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Foreclosure looming? Here's how to avoid it E-mail
Facing Foreclosure
Written by Greg Dawson, Orlando Sentinel   

Road sign saying 'Foreclosure: Next Exit.'The foreclosure clock is ticking for Patricia Jennings. She has missed three months of mortgage payments on her Pontiac, Mich., home. She owes $1,800, but she has been out of work since November.

So she put up a For Sale By Owner sign on her home. And recently, Jennings tried to get more answers on the foreclosure process during a seminar run by the Detroit branch of the Federal Reserve Bank of Chicago and others.
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