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: Loan Modification & Home Loan News

HAMP: Borrower Neglect or Bank Incompetence?

By Moe Bedard

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Earlier this week the Home Affordable Modification Program (HAMP) received yet another black mark on its increasingly-poor record. Reports now say that more borrowers have dropped out of HAMP than have graduated to ?permanent? successful loan mods. According to our friend Alan Zibel at the Associated Press (AP), 155,000 borrowers dropped out of HAMP in [...]

Full post as published by Loan Modification & Home Loan News on June 24, 2010 (boomark / email).

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