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Loan Modification

: Loan Modification & Home Loan News

No promises in mortgage loan modification

By Moe Bedard

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President Obama’s mortgage modification program has reached out to distressed homeowners, but it’s left many of them with nothing but broken promises. The Home Affordable Modification Program (HAMP) debuted in 2009 in response to a historic real estate and foreclosure crisis in the U.S. As a result, mortgage servicers were essentially required to consider mortgage [...]

Full post as published by Loan Modification & Home Loan News on September 30, 2010 (boomark / email).

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