Homeowners in the Houston real estate market likely continued to receive aid from the Home Affordable Modification Program in July, which may have helped prevent additional foreclosures.?More than 1.2 million permanent modifications have taken place through HAMP, saving borrowers around $547 each month, according to the latest Obama Administration?Housing Scorecard released by the U.S. Department of Housing and Urban Development.”The Administration's HAMP program has provided direct assistance to more than one million homeowners while creating standards that have helped millions more,” said Treasury assistant secretary for Financial Stability Tim Massad.Massad added that the foreclosure problem would be much worse without the assistance provided by HAMP and other federal housing programs.?It appears as though these programs have worked, as foreclosure filings totaled just higher than 800,000 in the first half of the year, a 19 percent drop from the previous six months, RealtyTrac's Midyear U.S. Foreclosure Market Report revealed.?With fewer foreclosures, the Houston, and national, real estate markets will be much?healthier moving forward.?Real Estate News brought to you by 2M Realty, a true expert in the online real estate market.