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Loan Modification
: Mortgage Lender Implode-o-MeterThe New Math Surrounding HAMP Doesn't Add Up
By Implode-Explode Heavy Industries
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"There is no other way to say this: we?re being lied to. Willfully. Anyone who managed to read headlines around the U.S. Treasury's latest HAMP report card last week would likely have thought the program a huge success ?- with more than one media outlet trumpeting impossibly miniscule re-default rates among permanent HAMP mods."Full post as published by Mortgage Lender Implode-o-Meter on July 26, 2010 (boomark / email).
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