Nadya Suleman, the controversial mother who gave birth to 8 babies may lose her home to foreclosure.  The mother along with her eight babies as well as her other six children could be kicked out of their Southern California home.  Mortgage holder Amer Haddadin says that he is starting foreclosure proceedings on the $565,000 La Habra residence because the family wasn’t able to keep up with the payments.

According to Haddadin’s friend and adviser, Ramsey Masso, Haddadin signed over the home to Suleman’s father last year.  Ed Suleman, who leased the home to his daughter, was supposed to pay about $4,000…

The Obama administration will try to easy the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government’s HAMP or Home Affordable Modification Program.

According to a Treasury Department document outlining the plan, the proposal that was reviewed last week on a White House conference call will prohibit foreclosures until the borrower is evaluated and found ineligible for HAMP or reasonable contact efforts have failed.

Treasury spokeswoman Meg Reilly said that it is one of the many ideas under consideration by the government regarding housing stabilization efforts.  This proposal is not yet approved…

The February figures showed that only 116,000 who completed the application process to reduce their loan payments received a permanent loan modification.  That figure is just 12% of the more than 1 million homeowners who applied for a permanent loan modification.

About 61,000 homeowners have dropped out because of reasons like failure to make the required payments during the trial modification process and failure to return the necessary paperwork to their respective banks.

Although the program is doing what it’s supposed to do, large banks that hold the majority of loans are struggling to keep up with a huge number of borrowers…