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{"id":10449,"date":"2013-02-25T19:27:22","date_gmt":"2013-02-25T19:27:22","guid":{"rendered":"http:\/\/www.seonewswire.net\/2013\/02\/hamp-may-actually-have-hampered-homeowners-needing-help-2\/"},"modified":"2013-02-25T19:27:22","modified_gmt":"2013-02-25T19:27:22","slug":"hamp-may-actually-have-hampered-homeowners-needing-help-2","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2013\/02\/hamp-may-actually-have-hampered-homeowners-needing-help-2\/","title":{"rendered":"HAMP may actually have hampered homeowners needing help"},"content":{"rendered":"

HAMP was designed to help homeowners facing foreclosure and bankruptcy. The program has offered too little, too late.<\/p>\n

For those that don\u2019t know what the acronym HAMP means, it represents a program put together by President Obama, referred to as the \u201cHome Affordable Modification Program.\u201d It had good intentions, and was supposed to be designed to help close to 4 million householders facing bankruptcy and foreclosure. Unfortunately, good intentions are about all the program did manage to deliver.<\/p>\n

There is quite a bit of speculation over why the HAMP program failed, and most people lay the blame at the doorstep of the complicated qualifications people needed to meet. The target group it was supposed to help could not understand how to access the program. Add to that an initial mere 10 percent slashing of the principal, and it amounted to not being worth even trying to use it.<\/p>\n

It looks like the program won\u2019t (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HAMP was designed to help homeowners facing foreclosure and bankruptcy. The program has offered too little, too late. For those that don\u2019t know what the acronym HAMP means, it represents a program put together by President Obama, referred to as…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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