On November, 2013, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the October 2013 edition of the Housing Scorecard on the nation’s housing market. The housing scorecard data shows most metropolitan areas significantly improving.
More than 1.8 million borrowers benefited from Making Home Affordable Program (HAMP) and over 1.2 million homeowners got permanent modification with HAMP saving approximately $547.00 per month on mortgage payments, up to $22.9 Billion in total savings, according HUD Public Affairs (202)708-0980 and Treasury Public Affairs (202)622-2960, HUDNo.13-167. The October of 2013 Housing Scorecard report is available online at www.hud.gov/scorecard
Home Affordable Refinance Program and Home Affordable Modification Program helped many home owners obtain more affordable mortgages and do loan modifications to prevent foreclosure and stay in their home through October of 2013.
For complete information on The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury October 2013 edition Housing Scorecard on the nation’s housing market, please http://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2013/HUDNo.13-167