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Loan Modification

: Loan Modification & Home Loan News

Portrait of HAMP Failure: The Mother of All HAMP Nightmares

By Moe Bedard

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(Source: Firedoglake) – Months later, in June 2009, right when he was thinking about selling the home and downsizing into a more affordable residence, Citi called him unprompted. ?They said ?we see you asked about HAMP, and we?re giving you a trial modification today.? The terms, a 2% interest rate for five years, would dramatically [...]

Full post as published by Loan Modification & Home Loan News on February 15, 2011 (boomark / email).

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