The Sacramento Bee reported today that homeowners are still in trouble and still facing foreclosure. That is not news. The news? Billions have been given to the loan servicers and they are still not helping people. In fact, the Government…
Posts Tagged With: HAMP
California Debt Blog: The Foreclosure Rescue Mirage
Andy Kroll over at Mother Jones has written an excellent article on the foreclosure crisis. Key from the article: Industry experts are now questioning how many of the program’s estimated 235,000 modifications will actually benefit homeowners in the long term,…