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: The Debt PodcastHAMP?s False Promises: Administration Admits That So Far, It?s a Failed Program
Full post as published by The Debt Podcast on December 04, 2009 (boomark / email).
HAMPs False Promises: Administration Admits That So Far, Its a Failed Program
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...
Home Loan Modification Program Begins to Help
According to a New York Times article, the Obama administration?s Home Affordable Modification Program (HAMP) is on the road to achieving its goal of modifying 500,000 home loans by November...
HAMP: Is It Helping
By Alan White Today the Administration released its first report on the number of homeowners helped by its Home Affordable mortgage modification program (HAMP). While the numbers of trial modifications in the first three months of the program (250,000) may...
Obama Administration doubles down on HAMP
The Administration has sent a clear signal that its primary foreclosure mitigation initiative, the Home Affordable modification program (HAMP), is not working. In a press release today, Treasury and HUD announced new efforts to convert three-month trial modifications to permanent...
Press Release on the HAMP Program
The United States Treasury Deptartment published a press release in March of this year that details the new Home Affordable Modification Program (”HAMP”). I have written many blog posts with respect to this program and have personally been able to use this program to help many clients...
HAMP Update
By Alan White Trial mortgage modifications under the Home Affordable mortgage program (HAMP) have reached about the same levels that servicers were achieving voluntarily in the first quarter of 2009...
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