Loan Modification Program Proves to be Ineffective

The Obama administration’s Home Affordable Modifications program, under which distressed homeowners are being helped by modifying their mortgage loans so that they can avoid foreclosure, is likely to prove ineffective.

The latest statistics released by the Treasury Department and the Housing and Urban Development Department show that the number of borrowers who are defaulting on modified mortgage loans is quite high. Last month, the number of ‘cancelled’ loans doubled and reached close to 3,000 from around 1,500 in February. An even larger number have not been making their mortgage payments on time. [Read more…]

Home Bottom #1 Widget

This is a widgeted area which is called Home Bottom #1. It is using the Genesis - Featured Post widget to display what you see on the Enterprise child theme demo site. To get started, log into your WordPress dashboard, and then go to the Appearance > Widgets screen. There you can drag the Genesis - Featured Post widget into the Home Bottom #1 widget area on the right hand side. To get the image to display, simply upload an image through the media uploader on the edit post screen and publish your post. The Featured Post widget will know to display the post image as long as you select that option in the widget interface.

Home Bottom #2 Widget

This is a widgeted area which is called Home Bottom #2. It is using the Genesis - User Profile widget to display what you see on the Enterprise child theme demo site. To get started, log into your WordPress dashboard, and then go to the Appearance > Widgets screen. There you can drag the Genesis - User Profile widget into the Home Bottom #2 widget area on the right hand side.

Home Bottom #3 Widget

This is a widgeted area which is called Home Bottom #3. It is using a text widget to display what you see on the Enterprise child theme demo site. To get started, log into your WordPress dashboard, and then go to the Appearance > Widgets screen. There you can drag a text into the Home Bottom #3 widget area on the right hand side.