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Loan Modification

: Loan Modification & Home Loan News

Bachus calls for hearing on incentive payments tied to HAMP

By Moe Bedard

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Rep. Spencer Bachus (R-Ala.) has called on House Financial Services Chairman Barney Frank (D-Mass.) to convene a hearing in September on whether Fannie Mae executives improperly implemented the Home Affordable Modification Program (HAMP) in order to benefit from incentive payments offered by the Treasury Department. Bachus is the Committee’s ranking member and in an August [...]

Full post as published by Loan Modification & Home Loan News on August 09, 2010 (boomark / email).

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