Home Affordable Modification Program on GOP's Bad List (ContributorNetwork)

ContributorNetwork - COMMENTARY | President Barack Obama instituted the Home Affordable Modification Program (HAMP) to counteract the subprime mortgage crisis. The GOP is quick to point out that the program failed to reach its stated goal of averting the foreclosures of "3 to 4 million American homeowners." Asserting that HAMP only benefited 753,000 homeowners as of July 2010, the administration counters that approximately 1.5 million homeowners have begun the trial modification aspect of the program.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ac/20110331/pl_ac/8185907_home_affordable_modification_program_on_gops_bad_list

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