Treasury Launches New Consumer Website for Responsible Homeowners Seeking Relief

[babylonsister]

http://www.afterdowningstreet.org/node/41022

Treasury Launches New Consumer Website for Responsible Homeowners Seeking Relief
Submitted by Chip on Tue, 2009-03-24 07:07.


The U.S. Department of the Treasury and the Department of Housing and Urban Development has launched a new website for consumers seeking information about the Obama Administration's Making Home Affordable loan modification and refinancing 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.

First announced by President Barack Obama in February, Making Home Affordable 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. MakingHomeAffordable.gov is a joint effort of the Department of the Treasury and HUD.

"Education and outreach is central to the success of our Making Home Affordable program," said Treasury Secretary Tim Geithner. "Putting resources and tools directly in the hands of homeowners will expedite the process of delivering relief to responsible borrowers, and stabilizing the housing market is central to our overall economic recovery."

[InkAddict]

1. If homeowners were so responsible, they wouldn't need relief!

Some of us just needed jobs while we attended to the tasks of educating our children and taking care of our elderly.

How is it irresponsible to care for one's children and one's parent(s) via the paycheck? Well, Grandpa is gone now and even the kids can't land jobs so they can launch.

Some of us just needed jobs to meet the cost of the simplest, most modest daily basic needs.

Do they really think the unemployed chose to be unemployed? How does one build that rainy day fund on work that lasts 3 months or less while foreign workers jobs last years in our stead?

SCREW THE GLOBAL ECONOMY, FREE TRADE, CONGRESS, AND THE BANKSTERS!

[notadmblnd]

2. You know, i've been trying to contact someone for a couple of months

I contacted a local foreclosure prevention counselor two months ago. I filled out the paperwork they sent me and have not heard back. Every time I call them, all I get is voice mail. At this point I find it hard to believe that anyone is willing to help. It's all just lip service.

[Oilwellian]

3. It looks like this program is only available for those....

who own a HUD home.

[C......N......C]

4. How do you consistently post such high level important information.

Do you own or run a news organization. The composition and sophistication of your posts always astound me. Thanks for your work.