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The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]
Because work on the bills started before President Obama officially took office on January 20, 2009, top aides to President-Elect Obama held multiple meetings with committee leaders and staffers. On January 10, 2009, President-Elect Obama's administration released a report [ 12 ] that provided a preliminary analysis of the impact to jobs of ...
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance.
By Les Christie The housing market is gaining strength thanks in part to government programs aimed at helping struggling homeowners, the latest Obama Administration Housing Scorecard released ...
The Obama Administration's Home Affordable Modification Program (HAMP) continues to produce mixed results, according to a government report released Monday. While the number of troubled homeowners ...
President Obama said his new housing plan isn't designed to help "unscrupulous or irresponsible" homeowners, but is aimed at those stuck in high interest mortgages and those needing loan ...
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