2009-04-12ml-implode.com

``The government’s current loan modification assistance program, which was funded to the tune of $320 billion last July 30th, has successfully modified ONE mortgage as of April 8, 2009, according to HUD. Yes, you read that right… one. They’ve received 865 applications, and modified one mortgage. Hopefully the program has some money left over, and I’m anxious to hear exactly how much it cost the government to modify that one mortgage, aren’t you?''



Comments:

mortgagemess at 06:22 2009-04-13 said:
You will find that a HUGE amount of that money went into the pockets of so called "Non for profit counseling/foreclosure help." Why not see who owns these agencies,how much salary/bonus/paid expenses these people earned and how much money was allocated to them? Permalink

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