HAMP Struggles, but HOPE NOW Thrives

While the federal government’s Home Affordable Modification Program (HAMP) has struggled with failed modifications, terrible press coverage and horrible conversion rates, HOPE NOW, a self-described “alliance between counselors, mortgage companies, investors and other mortgage participants”[1] just released its 2010 loan modification data and it has completed 1.76 million loan modifications since the beginning of 2010[2]. […]