Foreclosure Prevention Returns to the Unknown
New York Times, Jan. 25, 2017–Cowley, Stacy
The expired Obama-era program–known as HAMP, the Home Affordable Modification Program–was widely criticized for its poor execution. “There’s tremendous public good in having an industrywide approach,” said Justin Wiseman, the director of loan administration policy at the Mortgage Bankers Association, a trade group. “No one wants things to revert to what we had before.”
