The list, ping
Let me know if you would like to be on or off the ping list
Here is more:
“More homeowners have been kicked out of HAMP than have benefited from lower monthly payments. The vast majority of these homeowners now owe more on their home than when they signed up for Obama’s plan, because of the fees and surcharges that have been rolled into the mortgage.
For those who successfully navigated HAMP and ended up with five years of promised lower monthly payments, they, too, now typically owe more on their mortgage than they did before.”
http://www.huffingtonpost.com/2010/10/25/fed-obama-hamp-foreclosures_n_773507.html
The Obozo is kind of a reverse-Midas. Everything he touches turns to s***. Intentional? Just stupid? You choose.
The boldfaced lies just keep getting bigger and bigger, don’t they? HAMP is probably one of the bigger scams that is still running out there, and I’m waiting for someone to start paying attention to it in the media. I’ve seen a couple of articles around the net, although none I can lay my hands upon that I consider definitive, that alleges Fannie Mae employees were being bonused on the number of 90-Day HAMP modifications they could sign up, regardless if the people qualified or not.
Its all propaganda with no substance.
Absolutely, Sneaks, Cheats and Lairs defining/promoting job justification and success!
HAMP = Obamao’s stash.
I know a couple people that are worse off for having tried to get loan modifications. They were offered the lower payment trial by the banks before they “officially” qualified, then disqualified from the program and the bank is demanding the money (difference between what they were pay and what they had been paying) in a lump sum, or they will foreclose. These were people that were struggling but current on their mortgages. Now since trying to get in on the gov’t program, they face foreclosure.
http://finance.yahoo.com/loans/article/109577/loan-aid-leaves-some-worse-off?mod=loans-home
I’m shocked, just shocked!/s
This wasn't an either/or situation.