The deadline to apply for the Making Home Affordable Program,
which works to prevent housing foreclosures for families and
improve the housing market nationwide, has been extended, according
to the U.S. Department of the Treasury and the U.S. Department of
Housing and Urban Development (HUD), through Dec. 31, 2015.
The program, which was developed by the Obama Administration and
launched in March 2009, has helped close to 1.3 million homeowners.
The Home Affordable Modification Program - which helps to modify
the terms of a homeowner's mortgage to make payments more
affordable - is one of the services provided under the program and
has been used by more than 1.1 million homeowners.