After One Year, Obama Plan to Help Modify Second Mortgages Modifies NONE… Nada, Ziperino!

” Well, woohoo! It’s been just a few weeks shy of one year since the Obama Administration announced its plan to help 1.5 million homeowners modify their second mortgages, and the program has actually done something I did not think was possible. It’s actually managed to help… no one!”
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Related posts:

  1. Chase Signs on to Modify Second Lien Mortgages with HAMP
  2. The Scope: JP Morgan Estimates Nearly 9m Mortgages Eligible for New FHA Refinancing
  3. Europe Slams Obama’s Stimulus Plan; History Shows Obama’s Plan is Ass Backwards; Yuan Falls Most Since December 2008
  4. unions to banks: modify more mortgages or we’ll pull our deposits
  5. Ex-Countrywide Execs’ Firm Modifies Bad Loans for Taxpayer Cash

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