Posts Tagged ‘GAO’

GAO REPORT SAYS IT AGAIN: Treasury NEEDS to improve HAMP Data Analysis

GAO REPORT SAYS IT AGAIN: Treasury NEEDS to improve HAMP Data Analysis

Latest GAO Report once again has recommended that Treasury improve its capability to track and analyze data related to HAMP loan modifications. Again and again.... (Continue reading)

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Obama Administration in a Scramble to Do Something Right for Housing Market

Obama Administration in a Scramble to Do Something Right for Housing Market

Most of the suits allege that the trial modification plans are contracts, and that Bank of America and every other servicer broke them by not granting permanent modifications to homeowners who made their trial payments on time and provided the... (Continue reading)

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

Everything’s going just fine. There are no real problems with HAMP or with the servicers who are implementing HAMP. Oh sure, there have been a few challenges, but most of them have been caused by the borrowers who... (Continue reading)


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