Administration Official Admits HAMP Conversions, Trial Mods Are Challenges, Servicers Say They Can Do More
February 4, 2010
An official from the Obama administration put his best spin on recent Treasury Department statistics concerning the Home Affordable Modification Program but admitted that the initiative presents a few difficult challenges. But while the blame for the program’s struggles are tossed around like a hot potato, some servicers say their industry should be doing more to help...