Tag Archives: HAMP

A Smarter, Cheaper, More Effective Foreclosure Prevention Program

Pennsylvania has a better foreclosure prevention program that could be a model for the rest of the country. Continue reading

Posted in Foreclosures and Short Sales | Tagged Foreclosures, HAMP, Loan Modifications | Leave a comment

Lack of Pendulum Swing

If we want home prices to bottom, well then we must let them fall. Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged Buying vs. Renting, HAMP, Home Prices, Housing Bubble, Interest Rates, Stimulus, Tax Credits | Leave a comment

Was TARP a Failure or Success?

Is the TARP program a failure or a success? It depends on whether you ask Wall Street or Main Street. Continue reading

Posted in Banking and Finance, Best Of The Storm, Fresh Perspectives | Tagged Bailouts, HAMP, TARP | Leave a comment

Maybe HAMP was a Huge Success

Policymakers openly judged HAMP to be a qualified success because it helped banks muddle through what might have been a fatal shock. Continue reading

Posted in Banking and Finance, Best Of The Storm, Everything About Foreclosures | Tagged Foreclosures, HAMP, Shadow Inventory | Leave a comment

July HAMP Data Disappoints

617,000 trial modifications have now been canceled and 422,000 have been made permanent. The number of Active Trials fell sharply in July to 255,000, down from 364,000 in June. Continue reading

Posted in Best Of The Storm, Mortgage News, Real Estate Data | Tagged HAMP, Loan Modifications, Mortgage Del | Leave a comment