The following article released on January 3, 2011 has been reprinted with permission from Huffington Post. Following the maxim that drastic times call for tepid measures, the banking industry continues to pay “lip service” to loan modifications while doing little. On Dec. 15, the Congressional Oversight Committee admitted the government’s Home Affordable Modification Program (HAMP) [...]
Filed under: home remortgage | Tagged: 'underwater', Bank of America, bankruptcy, chapter 13, Fannie Mae, federal reserve, Freddie Mac, HAMP, homeowner, Loan Modifications, remortgage | Leave a Comment »
