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Bankruptcy

: The Debt Podcast

HAMP?s False Promises: Administration Admits That So Far, It?s a Failed Program

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The $75 billion HAMP program designed to induce mortgage lenders to modify home mortgages owed by financially troubled homeowners isn’t working, and now the Obama administration has admitted as much.  Due to recent coverage of the HAMP program’s failures by major media outlets, public awareness of the issue has been rising.  This could be good [...]

Full post as published by The Debt Podcast on December 04, 2009 (boomark / email).

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