Obama Making Your Home Affordable

obamaThe Cancer Fairy Godmother knows it’s impossible to find all the information you need regarding foreclosure prevention. President Obama has announced a new program, The Making Home Affordable Program. ¬†It is a $75 billion foreclosure prevention program which will help homeowners current or delinquent on their mortgages modify or refinance their loans to affordable terms. ¬†Details of the program have been posted here: http://www.financialstability.gov/makinghomeaffordable/

This site will provide valuable information for those who are in need of help and assistance immediately.

For more click here

On Tuesday, February 10th, Treasury Secretary Timothy Geithner outlined a comprehensive plan to restore stability to our financial system. In the address, Secretary Geithner discussed the Obama Administration’s strategy to strengthen our economy by getting credit flowing again to families and businesses, while imposing new measures and conditions to strengthen accountability, oversight and transparency in how taxpayer dollars are spent. And Secretary Geithner explained how the financial stability plan will be critical in supporting an effective and lasting economic recovery.

For more information, please visit http://www.treas.gov/initiatives/eesa/

NEW: Unlocking Credit for Small Businesses


Making Home Affordable

Borrower Information: Making Home Affordable Refinance and Modification Options

Fact Sheet Icon: PDF Document

Summary of Guidelines Icon: PDF Document

Modification Program Guidelines Icon: PDF Document

Counselor Q&A Icon: PDF Document


Consumer and Business Lending Initiative (TALF)

To view TALF Term Sheet and FAQ, visit: http://www.federalreserve.gov/newsevents/default.htm

White Paper Icon: PDF Document

Capital Assistance Program (CAP)

CAP White Paper Icon: PDF Document

CAP Term Sheet Icon: PDF Document

CAP FAQs Icon: PDF Document

Application Guidelines for CAP Icon: PDF Document

CPP Guidelines Under the American Recovery and Reinvestment Act Icon: PDF Document

Financial Stability Plan

02/10/09 – Remarks by Treasury Secretary Tim Geithner Introducing the Financial Stability Plan

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Fact Sheet

02/10/2009 – Financial Stability Plan Fact Sheet PDF Icon

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3 Responses to Obama Making Your Home Affordable

  1. ronda s kowtko October 15, 2010 at 7:42 pm #

    help me with my home

  2. Eileen Humphrey May 7, 2015 at 7:41 pm #

    Hi, I am a current cancer patient and in dire need of financial assistance. I have no income and only help I get is government food stamps. Due to my dual mastectomy my clothing is unfit. My current cancer medications leave me with little to no energy so I depend on family support but they are reluctant to help anymore. I’m applying for this grant to help ease the burden of buying medications from my own, help me purchase adequate clothing, help me purchase a reliable vehicle to goto dr. appointments , and to buy personal products for everyday living, and to finally pay for my rent until my disability claim is accepted. I can be reached at 484-633-7552. Thank you and I welcome any further information you need to proceed in my grant application.

  3. admin May 7, 2015 at 7:55 pm #

    Hi Eileen,

    This is not a grant application.

    Here is a link to Cancer Resource Mama where you can find up to date grant information. Sending blessings:

    http://www.cancerresourcemama.com/financial-assistance/

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