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Loan Modification

: Mortgage Lender Implode-o-Meter

Obama's Home Affordable "HAMP" Program a Failure; Another Huge Wave of Foreclosures Coming

By Implode-Explode Heavy Industries

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"Over a third of HAMP participants have exited the program and another batch is coming up. Those leaving the program will likely end up in foreclosure. Moreover, 4 million delinquent borrowers are not even eligible for the program."

Full post as published by Mortgage Lender Implode-o-Meter on June 22, 2010 (boomark / email).

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