Relevant:
- Gov’t Has Spent Small Fraction of $50 Billion Pledged for Loan Mods
- Treasury Done ‘Very Little’ to Fix Gov’t Foreclosure Prevention Program, Says Watchdog
- Govt’s Loan Mod Program Crippled by Lax Oversight and Deference to Banks
- Foreclosure program falls short for jobless
- States divert foreclosure prevention money to demolitions
2011-10-04 — propublica.org
``Why has the administration's flagship foreclosure prevention program been so ineffective in helping struggling homeowners get loan modifications and stay in their homes? One reason: The government's supervision of the program has apparently ranged from nonexistent to weak.''
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