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: Loan Modification & Home Loan News

Oversight Panel Criticizes TARP Programs For Not Stopping Foreclosure in Many Cases

By Evan Bedard

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The Congressional Oversight Panel held a meeting Wednesday to discuss the Treasury Department?s role in foreclosure mitigation programs under the Trouble Asset Relief Plan (TARP). The Treasury Department, which was represented by the department?s Chief of Homeownership Preservation Office Phyllis Caldwell, was criticized for the modest number of foreclosures prevented by these programs. ?Recently as [...]

Full post as published by Loan Modification & Home Loan News on October 28, 2010 (boomark / email).

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