mha permanent loan modification delinquency: HAMP Failing To Prevent Delinquency - Is Failure The New Success?
- 11/16/10 06:58 AM
HAMP Failing To Prevent Delinquency in a durable fashion... But don't tell that to the administration and the Treasury Department. Has the Making Home Affordable program (HAMP) been the success that the administration and the Treasury Department asserted it would be? The facts about loan modification paint a different picture. The Making Home Affordable Servicer Performance Report through September 2010 begins with a "Report Highlights" section. I have to say after reviewing the entire report I had to go back and read the "Highlights" again. If these are the highlights then I don't think we want to see the lows. "Early data indicate that … (5 comments)
HAMP Failing To Prevent Delinquency in a durable fashion... But don't tell that to the administration and the Treasury Department.
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