hamp 01Feds Call HAMP a Success as Program Ends

 

This is a courthousenews.com article.

CN) – A federal program created after the 2008 financial meltdown to assist struggling homeowners has ended, and a new report shows it helped nearly 3 million Americans keep their homes.

The Home Affordable Modification Program, or HAMP, was one of the largest components of the government’s Making Home Affordable program, launched in April 2009 to aid struggling homeowners in the wake of the financial crisis.

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John WrightPiggyBankBlog Bailiff: “All rise!  The Honorable Judge John Wright has entered the Courtroom of Public Opinion!”

John Wright responds:  “It was of course successful for the federal government!  That’s because the federal government successfully turned poor homeowners into foam on the runway for the banks!  It was the whole reason HAMP was created!”

PiggyBankBlog Bailiff: “All rise!  The Honorable Judge John Wright has left the Courtroom of Public Opinion!”