Even Treasury Says: HAMP is failing!
Just got off the phone with another upside down Sacramento homeowner that was denied a HAMP loan modification. Just so happens that I got an email today from Chris Mcglaughlin, that basically says that even the Treasury, the inspector of TARP and even the assistant Treasury secretary for financial stability have all agreed it isn't working the way it was supposed to... [caption id="attachment_1794" align="aligncenter" width="300" caption="Treasury Agrees HAMP is failing"][/caption] Read the email from Chris McLaughlin: Treasury: HAMP not working We've reported the failure of HAMPmany times before, but now even senior insiders are piling on. Neil Barofsky, special inspector general for the Troubled Assets Relief Program (TARP), said in a report issued yesterday that Treasury now expects only 1.5 million to 2...
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