Relevant:
- TARP Inspector Barofsky Puts HAMP Under the Microscope
- Treasury Advised to Revamp HAMP Policies and Rectify Confusion Created by Poor Communication
- Mortgage re-defaults increasing at an 'alarming rate'
- TARP Inspector General to Call for Long-Term Strategy
- U.S. Housing Program Fails to Stem Foreclosures, Watchdog Says
2010-04-02 — mortgagenewsdaily.com
"More than a year after the creation of the Home Affordable Modification Program (HAMP) "disappointing results have raised questions about program effectiveness" according to a new report by the Special Inspector General for the Troubled Asset Relief Program (SIGTARP.) The report was sent to Treasury Secretary Timothy Geithner last week over the signature of SIGTARP Neil M. Barofsky."
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