Treasury: HAMP not working

Posted on 23. Nov, 2009 by default in Blog

We've reported the failure of HAMP many times before, but now even senior insiders are piling on. Neil Barofsky, special inspector general for the Troubled Assets Relief Program (TARP), said in a report issued yesterday that Treasury now expects only 1.5 million to 2 million homeowners to get mortgage relief (as opposed to [...]