Mar 10

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ProPublica's Mortgage Mod Squad: HAMP'S a Flop

As you've probably heard by now either on our program or elsewhere, the administration's Home Affordable Modification Program (HAMP for short) has been a disappointment -- to put it generously. The program, announced back in February 2009, aimed to…

Jan 05

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We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford…

Dec 31

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Mortgage paperwork was a mess. Foreclosures were rampant. Homeowners went through months-long modifications, losing hope when it all fell through. The housing crisis was one of the major stories of the year. And as 2010 draws to a…