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Loan Modification

: Mortgage Lender Implode-o-Meter

Treasury Moves The Goal Posts of HAMP and Lowers Expectations for the Loan Modification Program.

By Implode-Explode Heavy Industries

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"HAMP, the Obama administration foremost measure against the wave of foreclosures triggered by the financial meltdown is not working as planned. What do you do when something does not work as planned? You clarify how it was never designed to work like that anyway, and patiently explain what it really was meant to do."

Full post as published by Mortgage Lender Implode-o-Meter on April 03, 2010 (boomark / email).

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