Relevant:
- Treasury Moves The Goal Posts of HAMP and Lowers Expectations for the Loan Modification Program.
- An Odd Way to Measure the Success of Mortgage Mods
- Treasury gets tougher on home loan relief
- Making Home Affordable Program… Treasury Finally Admits IT’S A DUD!
- Treasury Defends HAMP, but GOP Wants to Kill It
2010-08-21 — firedoglake.com
``Treasury defended the mortgage program they set up to prevent foreclosures, which hasn’t met any of the Administration’s initial goals, by saying that homeowners benefited from temporarily low monthly payments and some foreclosures, which were inevitable, were delayed. Here are some of the meatier parts of the brief...''
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