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Loan Modification

: Mortgage Lender Implode-o-Meter

HAMP Failures May Reverse Recent Upticks in Pricing

By Implode-Explode Heavy Industries

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"Home prices will likely decline another 8% from Q409 to the end of 2010, reversing recent gains in the market, for a 34% peak-to-trough drop, according to a Moody?s report which faults the ?underwhelming? success of the government?s Home Affordable Modification Program (HAMP) as the key driver for the assumption."

Full post as published by Mortgage Lender Implode-o-Meter on February 15, 2010 (boomark / email).

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