By Dennis Norman, on October 7th, 2009
To alleviate some suffering by homeowners, the Obama Administration introduced the “Making Homes Affordable” plan last March. Unfortunately, the plan has not yet had the intended effect.
Article by the Grand Law Firm
Economists debate whether or not the country is actually currently in a recession. Some say that there are positive signs that we have reached [...]
By Dennis Norman, on September 14th, 2009
Dennis Norman
Included in the “Making Home Affordable” program from the Obama administration is the “Home Affordable Modification Plan” (HAMP) designed to help 3 to 4 million home owners by modifying their existing loans to help them be more affordable.
Last week, Michael S. Barr, the Assistant Secretary for Financial Institutions, testified before a congressional sub-committee on [...]