Relevant:
- congress: hamp will only prevent 700k foreclosures
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- Oversight Panel Slams Loan Modification Program, but Highlights an Opportunity
- BofA Completes 33,000 Permanent HAMP Mods
- Bailout oversight panel warns of wave of commercial real estate foreclosures
2010-12-14 — housingwire.com
"The Home Affordable Modification Program will prevent up to 800,000 foreclosures before it expires at the end of 2012, "far fewer" than the 3 million to 4 million expected when the program first launched in March 2009, according a report from the Congressional Oversight Panel."
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