Posts Tagged ‘mortgage modify’

Mortgage Refiance Program: Is HAMP Helping?

In Uncategorized on December 23, 2010 at 12:04 pm

HAMP is the government program for helping struggling homeowners. It provides a way to reduce montly mortgage payments. Unfortunately, permanently modified home loans are defaulting at a rate of 21% per year. That’s a huge number. Predictions are that the percentage of defaults will continue to grow.