Whose Mortgage is the Government Modifying Anyway?
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0 Left 0 Centered 1 RightFor a few years now, we've been hearing about the government's mortgage modification program ("HAMP"), but it hasn't been clear who, in particular, is benefiting. Although the program hasn't come near the goals it sought -- to prevent a few million foreclosures -- over a half million Americans have obtained permanent modifications through HAMP. This month, the Treasury provides some data to tell us a little about the Americans who have managed to qualify for its program. December HAMP Update