MAKING HOME AFFORDABLE
This program, part of the Obama Administration’s comprehensive plan to stabilize the US economy, is aid around seven to nine million eligible homeowners get mortgage relief and avoid foreclosure. This is done by reducing the monthly mortgage payments to a more manageable level. This may be accomplished by refinancing or modifying the existing mortgage.
Homeowners may visit the program’s website at www.makinghomeaffordable.gov. Obama administration allocated $75 billion for this program.
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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08:30 | Producer & Import Prices | Mar | |
11:00 | Industrial Production | Feb | |
14:30 | Manufacturing Shipments | Feb | |
14:30 | Wholesale Sales | Feb | |
14:30 | Retail Sales | Mar | |
14:30 | NY Fed Empire State manufacturing index | Apr | |
16:00 | Business Inventories | Feb | |
16:00 | NAHB Housing Market Index | Apr | |
04:00 | Real GDP | 1 quarter |