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Loan Modification
: Mortgage Lender Implode-o-MeterTreasury Admits HAMP Expectations Not Met, Thinks Extend and Pretend Is A Virtue
By Implode-Explode Heavy Industries
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``Treasury defended the mortgage program they set up to prevent foreclosures, which hasn?t met any of the Administration?s initial goals, by saying that homeowners benefited from temporarily low monthly payments and some foreclosures, which were inevitable, were delayed. Here are some of the meatier parts of the brief...''Full post as published by Mortgage Lender Implode-o-Meter on August 21, 2010 (boomark / email).
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