If at first you don’t succeed try and try again.

Still looking for ways to cauterize the nationwide foreclosure crisis, the Barack Obama-led administration today announced another plan aimed at keeping roofs over the heads of unemployed homeowners. The latest effort is available to out-of-work homeowners who have FHA-insured loans, which is about 3,500 borrowers a month, according to the Los Angeles Times.

To put that into more perspective, the report indicates that “only 10% of some 50 million mortgage loans outstanding nationwide are backed by the FHA.”

The good news is that mortgage servicers who participate in the Home Affordable Modification Program (HAMP) will be required “whenever possible” to extend the program to distressed homeowners who qualify for the federal loan modification program, adding about another 1 million or more into the mix.

However, the HAMP candidates who qualify for the year-long forbearance could have the 12 missed payments tacked back onto their mortgage balance once they are on solid financial footing.

The report indicates that several “hurdles” are being lifted to qualify for the program, making it easier for unemployed homeowners to qualify for the assistance.

If you’re unemployed and would like to learn more about this latest foreclosure assistance program and others click here.

Foreclosure.com today revealed a comprehensive menu of money-making affiliate tools and widgets that enable real estate agents and other website owners to integrate its dynamic nationwide foreclosure and investment property listings database into their websites.

Foreclosure.com, which partners with many of the largest names in the online real estate world, as well as individual Realtors® and small- to mid-sized online destinations, provides affiliates with small slices of customized code that they can add to their websites, which pulls content from its database of more than 2 million distressed real estate listings.

“Overnight, a local real estate agent can enhance his or her website with millions of monetized listings,” said Stephen Chip, Foreclosure.com Director of Business Development. “We provide our affiliates with an awesome selection of one-of-a-kind solutions that leverage our unrivaled data.”

Our creative suites of affiliate tools and solutions include, but are not limited to:

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Below is a guest column from Jay Robins, who is often referred to as “America’s #1 credit expert.” His opinions expressed do not necessarily reflect those of Foreclosure.com or its staff. He will lead an enlightening webinar later this evening called “How To Save $100,000 On Your Mortgage.” Read below to find out what it’s all about and to register for the educational session.

Over the past 10 years, I’ve worked with thousands of people to get them the credit they need to buy the homes they really want. Today, I start with this warning:

If you’re hoping to qualify for a trustworthy lender’s best-value mortgage in 2011 or 2012, you will need to work at improving your credit score, even if you always pay your bills on time. And if you’ve had a short sale, foreclosure or bankruptcy, you will need to work even harder.

But you can quickly build it up again if you know how to play the game like a professional.

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The housing market in South Florida took the downturn in housing hit flush on the chin. Today, it’s among the top regions in the nation for mortgage defaults and foreclosures.

As a result, home values came hurtling back to Earth — many as much as 50 percent or more from their pre-crash equity — like cosmic fireballs. That has enticed opportunistic, cash-laden investors to snatch up real estate at drastically reduced prices.

In fact, a recent report in the Miami Herald reveals that in May 2011 “home sales continued to rise, keeping South Florida on track to have its best year on record.” In addition, “in the first five months of the year, more than 23,000 homes and condos have traded hands in South Florida, one of the strongest five-month runs on record.”

While sales are clearly brisk, going in the opposite direction of national trends and actually setting records, home prices in South Florida continue to plummet. Typically, when demand increases, so does the cost of doing business.

Apparently that’s not the case in this market.

The large existing (and unknown) inventory of distressed real estate — cheap foreclosures and short sales — is likely to blame for the current situation. Ron Shuffield, president of Esslinger-Wooten-Maxwell Realty, attempts to explain it:

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