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Foreclosure

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Republicans Move to End HAMP and Other Housing Programs

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House Republicans announced their intent to push to end Obama's foreclosure relief programs saying they harm homeowners, the economy, and the US Treasury.
 

Next week the House Financial Services Committee will consider bills to end four mortgage "assistance" programs including the Home Affordable Modification Program (HAMP).  Neil M. Barofsky, Special Inspector General for SIGTARP has noted in past quarterly reports to Congress that HAMP has been beset by problems and continues to fall dramatically short of any meaningful standard of success.

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Foreclosure

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