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Loan Modification

: Mortgage Lender Implode-o-Meter

Examining the Foreclosure Crisis and the Pathetic HAMP Program

By Implode-Explode Heavy Industries

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"Shahien Nasiripour and Arthur Delaney have done the nation a great service with their very detailed examination of the failed HAMP program, which has succeeded only in delaying foreclosures rather than stopping them, and which has led to more indebtedness for borrowers and more cash for the big banks."

Full post as published by Mortgage Lender Implode-o-Meter on August 06, 2010 (boomark / email).

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