Republicans in Congress Say It’s Time To Axe HAMP, Put it Out of Misery
February 3, 2011
House Republicans have introduced a bill that would pull the plug on the Obama administration’s often criticized Home Affordable Modification Program. “HAMP is a colossal failure,” said Rep. Jim Jordan, R-OH, the bill’s sponsor and chair of the House Oversight Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending. “In many cases, it has hurt...[Includes one graph]