HAMP Program Drops Applicants!

July 21, 2010 by  
Filed under Blog, Hamp Program Drops Applicants

HAMP Program is Failing Horribly

We will give  a head nod for the governments good intentions in attempting to modify a large number of homeowners loans, although they have horribly failed to modify majority of these loans.    530,o0o of the 1.3 million enrolled in the HAMP program have had their one time reduced payments now terminated.   These people enrolled were expected to contribute 1/3 of their income to their mortgage.   A primary reason that these homeowners have been dropped is missing payments and an inability to meet income and debt requiremenets.

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Housing Assist Coldwellbanker