Obama's "HAMP" Program Fails: Tsunami of Foreclosures Coming
• GlobalEconomicAnalysis.blogspot.comOnly 30% of the 5.7 million borrowers who are 60 days delinquent are eligible for the program. 4 million delinquent borrowers are stuck. Of those eligible for the program, only 346,000 have completed the trial and received a permanent modification.
