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Real Estate & Property Law

: Housing Wire

HAMP is ?Destined to Fail,? Says Amherst?s Goodman

By DIANA GOLOBAY

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A key mortgage modification program facilitated by federal incentives has not only failed to reach the potential envisioned by its founders, but it also has several key flaws that may have destined it for failure from the start, expert witnesses testified to the House Financial Services Committee Tuesday. Home Affordable Modification Program (HAMP), which allocates capped [...]

Full post as published by Housing Wire on December 08, 2009 (boomark / email).

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