2010-01-15 — blogspot.com
" The US Treasury Department raised the total amount of potential capped incentive payments for the Home Affordable Modification Program (HAMP) from $27.7bn to $35.5bn, according to the latest Troubled Asset Relief Program (TARP) report."
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Comments:
mortgagemess at 06:23 2010-01-16 said:
Funny how the CAP is raised when there are reports of massive Option ARM's starting to adjust... Just made it easier for the lenders to NOT modify and collect payments on "cash for keys" and "short sales." Permalinkadd a comment | go to forum thread
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