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The Home Affordable Modification Program continues to be struggling nearly two years after its inception. Several newer programs are posting only meager results. |
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The Home Affordable Modification Program continues to be struggling nearly two years after its inception. Several newer programs are posting only meager results. |
Myrl, Too bad this is not working for the many who really need it.
Gloria
Hi Myrl, I don't think this was mostly any surprise to any one. Had they involved the real estate industry when they set up these programs , the bureaucrats might have a least some understanding of how to do it. When you something done right, it is always best to have the bureaucrats do it. Must be true because we keep doing things the same way and each time expect different results.
Myrl from the news report I have heard most of the distressed homeowners did not meet the criteria for the modification even though money was available.
Well, at least they're looking at these facts. Maybe they'll figure it out.
Myrl - As usual - big promises, small changes - politics as usual! Thanks for the interesting and informative blog!
Myrl ... The surprise would have been that it was working! Homeowner aid ... didn't even get much of a rush in the State of the Union ... guess I wasn't paying attention ... apparently the crisis and the economy are now "things of yesterday!"
Hi Myrl, I'm not surprised at the news, but very disappointed in the results so far.
I am also not at all surprised by this news! I don't know what it is going to take but something has to happen to help people keep their homes!
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