Relevant:
- Home Affordable Modification Program rife with problems
- Citigroup Keeps $16bn of Mortgages from Foreclosure in Q209
- Gov’t Loan Mod Program Leaves Some Homeowners Worse Off
- New Housing Program Is Aimed at the Unemployed
- Anna Cuevas: The Blame Game: Treasury Department Blames Banks for Little Foreclosure Progress
2010-10-27 — propublica.org
"While 496,000 homeowners have received a modification through the program, many more, 700,000, were initially accepted into the program on a trial basis only to be booted out later. As we showed last month, most have been disqualified despite making their trial payments."
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