Tag: HAMP
Maloney on bills to repeal assistance to homeowners and localities suffering in the foreclosure...
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Rep. Carolyn Maloney (D-NY) today introduced an amendment in the House Financial Services Committee to H.R. 839, "The HAMP Termination Act of 2011" sponsored by Patrick McHenry (R-NC), whose bill would abolish the “Housing Affordable Modification Program” which was established to assist three to four million homeowners in achieving mortgage modifications. The Maloney Amendment would extend the program to accommodate 500,000 more mortgages before it ends.
Superintendent Richard H. Neiman’s Opening Statement at the Congressional Oversight Panel Hearing on TARP...
October 27, 2010 - (RealEstateRama) -- Ms. Caldwell, you and the Department of Treasury deserve substantial credit for pushing an industry towards mortgage modifications and preventing avoidable foreclosures when that industry failed to appropriately act. In this way, Treasury’s HAMP program has shown great potential. Thanks to your work, we have a new industry standard that has kept more people in their homes than otherwise would have been able – certainly more than HAMP’s monthly reports demonstrate on their own.
