ProPublica On HAMP: The Best Homeowner Tips for Loan Modification Success

Sep 17, 2010 at 2:07 PM
DailyBail in hamp, housing, housing, housing bubble, loan modification, mortgage, mortgage modification, propublica, video

WSJ Video:  Mortgage Modification Survival Tips

Excellent short clip on navigating the loan-mod nightmare from those who have survived. I'm not endorsing HAMP, but it exists and if you need help, you might as well learn the truth about working the system and getting the best deal.

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Read the whole story:

• From ProPublica

Excerpt:

In total, 718 homeowners, all of whom applied for a loan modification through the Home Affordable Modification Program [2], volunteered tips and tricks for struggling homeowners. While more than a third of respondents were skeptical about the value of program, the majority of respondents suggested simple steps homeowners should take to survive the process of applying for a modification. Culling through the hundreds of responses, three pieces of advice stood out.

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Previous investigations from Pro Publica:

 

• ProPublica Bailout Tracker (Down To The Last Dollar)

 

• ProPublica Reports: As Crisis Loomed, Geithner Fell Short

 

• The Call Tim Geithner Didn’t Make While His New York Fed Watched Over Citigroup

 

• ProPublica Investigative Takedown Of Rampant CDO Fraud At Merrill, Citigroup, Other Banks

 

• NOT SURPRISING: Obama Resorts To Accounting Gimmicks To Boost Stimulus Job Numbers

 

 

 

 

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Screenshot

I'm not endorsing HAMP, but it exists and if you need help, you might as well learn the truth about working the system and getting the best deal.

 

Article originally appeared on The Daily Bail (http://dailybail.com/).