Friday, September 14, 2012

Housing Indicators Show Sustained Progress in Home Prices and Relief to Underwater Borrowers;
Homeowners in the Making Home Affordable Program Continue to Benefit from Deep and Sustainable Assistance as Quarterly Servicer Assessments Show Mortgage Servicers Continue to Demonstrate Significant Improvement in Program Implementation
WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data continues to show signs that the housing market is strengthening – as home price improvements in the first half of this year have helped lift 1.3 million families above water – although officials caution that the overall recovery remains fragile.

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