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Revision as of 16:28, 19 August 2017

If the Treasury Department, Congress and Obama want success within the HAMP program, it is going to have to clamp down harder on these lenders, that aren't playing through the rules after receiving and continuing to receive taxpayer financing. The banks have been bailed by helping cover their billions of dollars, are currently being compensated through HAMP for the "cash for keys" and "short sales" programs, have been matched dollar for dollar on reductions of DTI from 38% to 31% and are receiving funds for modifying loans. How much more greed and deceit can there be over a blood and sweat among the American citizen?

The problem is, most owners have never armed themselves with the right knowledge get themselves regarding your a pickle. Also, trigger taught about this in school, so many of us end up in foreclosure and they probably would've avoided this can. What a shame!

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