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Real Estate & Property Law

: Housing Wire

Treasury Begins Review of HAMP Trials

By JON PRIOR

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The US Treasury Department enacted a review period for all active Home Affordable Modification Program (HAMP) trials until Jan. 31, 2010. The directive comes two weeks after the first HAMP report of 31,382 permanent modifications in nine months. Under HAMP, the Treasury allocates capped incentives to servicers for the modification of loans on the verge of foreclosure. [...]

Full post as published by Housing Wire on December 28, 2009 (boomark / email).

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