HAMP

HAMP Was Undermined By The Banks

Lender Disorganization Prevented 70% More Homeowners From Getting HAMP Modifications  When President Barack Obama was inaugurated in 2009 he faced an economic crisis this country had not seen in nearly 80 years.  He launched a multi-billion-dollar effort known as HAMP to stem the flood of home foreclosures. The White House launched the Home Affordable Modification […]

Mortgage Crisis pickets Hits Wells Fargo In Midtown Manhattan

Catherine Curan, NY Post Manhattan’s residential real-estate scene is roaring back — but don’t look across the river. The shadow of the foreclosure crisis is fading fast in tony enclaves like the Upper East Side, where home prices spiked 36 percent in the first quarter. Manhattan sales prices just logged the biggest single-year gain since […]

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