Tag: Home Affordable Modification Program
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‘We are a law firm’: How telemarketers sold false hope to homeowners struggling to pay mortgages
By Fred Schulte
Center for Public Integrity
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5450 SEEN/
Secret Documents Show Weak Oversight of Key Foreclosure Program
By Paul Kiel
ProPublica
The Obama administration launched its main program to prevent foreclosures in the spring of 2009 with $50 billion and abundant promises. What the Home Affordable Modification Program, or HAMP, lacked — and wouldn’t have for years — was effective oversight of the big banks that were crucial to the program’s success.
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