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Loan Modification

: Loan Modification & Home Loan News

Loan modification success rate inflated, says Gov watchdog

By Moe Bedard

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March 23 (Bloomberg) — The Obama administration is inflating the success of its main foreclosure prevention program, which may end up doing more harm than good by ?spreading out the foreclosure crisis? over several years, according to federal investigators. While Treasury officials still publicly proclaim the Home Affordable Modification Program, or HAMP, will help 3 million [...]

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

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