HAMP MODIFICATIONS REMAIN A DISMAL FAILURE
The US Treasury Department initially estimated that we would spend $50 billion dollars on the HAMP Mortgage Modification Program. So what have we gotten from our $50 billion dollars worth of spending?...
View ArticleSHOCKED! APPALLED! BEFUDDLED! FORECLOSURE MEDIATIONS ARE A DISMAL FAILURE!
So now the press is reporting what we’ve all known since foreclosure mediations began….they’re a dismal failure. Could it be because mediation requires that BOTH parties participate in good faith?...
View ArticleNew York Times Publishes Apology for Obama’s Failed Housing Policies
New York Times Publishes Apology for Obama’s Failed Housing Policies On the one hand, the dismal failure of the Administration’s cosmetic responses to the foreclosure mess is so evident that the New...
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