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	<title>Loan Modification Explosion &#187; Obama Mortgage Bailout</title>
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	<description>Your guide to loan modification News</description>
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		<title>Obama&#8217;s offer to banks not helping many consumers</title>
		<link>http://loanmodificationexplosion.com/2009/11/obamas-offer-to-banks-not-helping-many-consumers/</link>
		<comments>http://loanmodificationexplosion.com/2009/11/obamas-offer-to-banks-not-helping-many-consumers/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 19:18:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Foreclosure Crisis]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=688</guid>
		<description><![CDATA[


Nine months ago, the Obama administration offered banks $75 billion in taxpayer money to rework troubled mortgages.
Yet so far, $75 billion hasn&#8217;t been enough to compel many lenders to permanently reduce monthly mortgage payments for millions of cash-strapped homeowners. Indeed, tens of thousand of borrowers who have asked for relief have instead seen their payments [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is Foreclosure Relief Failing?</title>
		<link>http://loanmodificationexplosion.com/2009/10/is-foreclosure-relief-failing/</link>
		<comments>http://loanmodificationexplosion.com/2009/10/is-foreclosure-relief-failing/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 00:48:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=559</guid>
		<description><![CDATA[
Is the Obama administration&#8217;s signature foreclosure relief program succeeding? Absolutely, according to Treasury Secretary Timothy Geithner, who last Thursday trumpeted the news that 500,000 mortgages had been modified—on a trial basis—under the Home Affordable Modification Program, a month ahead of the administration&#8217;s November 1 benchmark for reaching this goal. A day later, however, the Congressional [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Obama&#8217;s Housing Fix Falls Flat</title>
		<link>http://loanmodificationexplosion.com/2009/06/obamas-housing-fix-falls-flat/</link>
		<comments>http://loanmodificationexplosion.com/2009/06/obamas-housing-fix-falls-flat/#comments</comments>
		<pubDate>Wed, 24 Jun 2009 11:52:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=353</guid>
		<description><![CDATA[
Data released from the Mortgage Bankers Association shows the Obama “mortgage-rescue plan” has been a total failure. While the Obama regime boldly predicted that “4 to 5 million”Americans would he helped by the plan in the first year, after three months only 13,000 mortgage-refinancings have been executed by U.S. banksters as part of this program. [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>FACTBOX: Where has the U.S. bailout money gone?</title>
		<link>http://loanmodificationexplosion.com/2009/06/factbox-where-has-the-us-bailout-money-gone/</link>
		<comments>http://loanmodificationexplosion.com/2009/06/factbox-where-has-the-us-bailout-money-gone/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 11:06:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=322</guid>
		<description><![CDATA[(Reuters) &#8211; The U.S. Treasury Department on Tuesday said that 10 of the country&#8217;s banks including Morgan Stanley and JP Morgan Chase &#038; Co were cleared to pay back a combined $68 billion in financial rescue funds.
If all the money is repaid by the banks, the government&#8217;s Troubled Asset Relief Program, or TARP, should have [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Obama&#8217;s Mortgage Assistance Plans: Bogus Political Bullsh-t?</title>
		<link>http://loanmodificationexplosion.com/2009/05/obamas-mortgage-assistance-plans-bogus-political-bullsh-t/</link>
		<comments>http://loanmodificationexplosion.com/2009/05/obamas-mortgage-assistance-plans-bogus-political-bullsh-t/#comments</comments>
		<pubDate>Mon, 25 May 2009 14:12:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=286</guid>
		<description><![CDATA[
by LongTom
Mon May 25, 2009 at 06:08:17 AM PDT
Okay, I worked for Obama, voted for him, and support him. But his mortgage assistance plan is apparently smoke and mirrors horseshit. Or does anyone know differently?
    * LongTom&#8217;s diary :: ::
*
Someone close to me qualifies pefectly for the &#8220;Making Home Affordable&#8221; Plan, whereby [...]]]></description>
		<wfw:commentRss>http://loanmodificationexplosion.com/2009/05/obamas-mortgage-assistance-plans-bogus-political-bullsh-t/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>MORTGAGE BILL HEADED TO OBAMA</title>
		<link>http://loanmodificationexplosion.com/2009/05/mortgage-bill-headed-to-obama/</link>
		<comments>http://loanmodificationexplosion.com/2009/05/mortgage-bill-headed-to-obama/#comments</comments>
		<pubDate>Wed, 20 May 2009 01:33:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=249</guid>
		<description><![CDATA[
Legislation to ease the application and eligibility requirements for a foreclosure prevention program cleared Congress today, Tuesday, May 19.  The legislation would extend through December 31, 2013, an increase to $250,000 per account in deposit insurance coverage by the Federal Deposit Insurance Corporation and National Credit Union Administration.
The coverage limit had been raised from $100,000 [...]]]></description>
		<wfw:commentRss>http://loanmodificationexplosion.com/2009/05/mortgage-bill-headed-to-obama/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Treasury gives $121.8M to 12 banks under bailout</title>
		<link>http://loanmodificationexplosion.com/2009/04/treasury-gives-1218m-to-12-banks-under-bailout/</link>
		<comments>http://loanmodificationexplosion.com/2009/04/treasury-gives-1218m-to-12-banks-under-bailout/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 11:53:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=238</guid>
		<description><![CDATA[By MARTIN CRUTSINGER – 1 day ago
WASHINGTON (AP) — The Treasury Department has approved 12 more banks to participate in the $700 billion financial rescue program.
The 12 institutions will receive a total of $121.8 million, Treasury said Tuesday, with about half going to Standard Bancshares Inc. of Hickory Hills, Ill.
The government also said it had [...]]]></description>
		<wfw:commentRss>http://loanmodificationexplosion.com/2009/04/treasury-gives-1218m-to-12-banks-under-bailout/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>New bailout program available to qualifying homeowners</title>
		<link>http://loanmodificationexplosion.com/2009/04/new-bailout-program-available-to-qualifying-homeowners/</link>
		<comments>http://loanmodificationexplosion.com/2009/04/new-bailout-program-available-to-qualifying-homeowners/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 12:32:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=206</guid>
		<description><![CDATA[Millions of homeowners are a pay check away from foreclosure. New homeowner bailout programs are supposed to help.
But lenders are concerned about keeping foreclosed property off their books and as a result, many will only deal with consumers who are already more behind on payments.
Under a new bailout program, however, you must be current.
&#8220;Everyone said, [...]]]></description>
		<wfw:commentRss>http://loanmodificationexplosion.com/2009/04/new-bailout-program-available-to-qualifying-homeowners/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Obama&#8217;s Foreclosure-Prevention Plan Faces Hurdles</title>
		<link>http://loanmodificationexplosion.com/2009/03/obamas-foreclosure-prevention-plan-faces-hurdles/</link>
		<comments>http://loanmodificationexplosion.com/2009/03/obamas-foreclosure-prevention-plan-faces-hurdles/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 11:16:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Foreclosure Crisis]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=188</guid>
		<description><![CDATA[The Obama Administration announced details of its new foreclosure-prevention plan that could help up to nine million homeowners keep their homes, but the plan faces major implementation challenges that could make it much less effective than Administration officials hope.
The plan is designed to help borrowers refinance mortgages with more affordable payments. Lenders and mortgage investors [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Bush-Obama Bank Bailout Puts Mortgage Holders Last</title>
		<link>http://loanmodificationexplosion.com/2009/03/bush-obama-bank-bailout-puts-mortgage-holders-last/</link>
		<comments>http://loanmodificationexplosion.com/2009/03/bush-obama-bank-bailout-puts-mortgage-holders-last/#comments</comments>
		<pubDate>Wed, 25 Mar 2009 15:11:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Obama Mortgage Bailout]]></category>

		<guid isPermaLink="false">http://loanmodificationexplosion.com/?p=145</guid>
		<description><![CDATA[Have you ever wondered what else we could be doing with the trillion dollars we’re bailing out the banks with?
That would cover universal health care for every single American for nine or ten years, for instance.
But even just focusing on the mortgage and banking sector itself, we could be doing a lot better with all [...]]]></description>
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		<slash:comments>0</slash:comments>
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