Worry Over HAMP Second Lien Unfounded, Treasury Says Program is Ramping Up
January 14, 2010
The Treasury Department is disputing recent reports that the Home Affordable Modification Program second lien initiative is on hold, saying that everything is on track to finalize the details soon.The HAMP Second Lien Modification Program, announced last April, was intended to work with first-lien modifications “to deliver a comprehensive affordability solution for struggling borrowers...