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Volume 27 - Number 33

August 19, 2010

Treasury Looks for Help Tweaking Loan Mod Program That’s Failed to Meet Expectations

The Treasury Department continues to tinker with the net present value model that is a key element in the Obama administration’s Home Affordable Modification Program and, according to some observers, partly to blame for HAMP’s disappointing results. The model, which is being adjusted for the fourth time, is used to...

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