HAMP Still Taking Flak for Sluggish Start, Failing to Keep Up With Housing Problems
April 22, 2010
The Treasury Department has made progress in altering and implementing its half-dozen or so foreclosure prevention initiatives, but the slow implementation of these efforts is preventing them from having a large impact on the massive numbers of borrowers who are in danger of default, said a recent report from the Congressional Oversight Panel. The COP estimated that the...