Posts Tagged ‘HAMP’Foreclosure Relief Programs Under FireThis post first appeared on Minyanville. It wasn’t so long ago that foreclosure relief programs had near-unanimous support in the political community. There were elections afoot after all, and something had to be done about the millions of homeowners facing the loss of their home. But as data continue to show that loan modification and [...] Realtors Roll the Dice With HAFAThis post first appeared on Minyanville. The Obama Administration’s latest salvo in the war against foreclosures, Home Affordable Foreclosure Alternatives, or HAFA, is but a week old and already America’s real estate establishment is trying to cash in. HAFA aims to step in where Home Affordable Modification Program, or HAMP, fails. In other words, when [...] Feature: HAFA – Double Edge Swords AboundThis post first appeared in the April edition of: Cirios Trends: In Search of Real Estate Opportunities. Every six months or so, Washington’s political will seems to coalesce in support of the only issue where there is true agreement across party lines: The housing market is still broken. Sadly, in our view, the Treasury Department’s [...] Keepin’ It Real Estate: Trial Modifications Are CriminalThis post first appeared on Minyanville. The Obama administration is busy touting the burgeoning success of its mortgage modification program. Unfortunately, it’s a farce: Out of one side of his mouth, the President touts a dedication to the besieged middle class, while from the other, lauds a loan modification program which steals money from struggling [...] |