The stupid mortgage modification program has been revealed as a total failure. Compared to the promises made for it, its performance is abysmal, worse than bad it is actually a negative. More homeowners were being helped by private initiative, which has since been crowded out by a complex expensive program.
Utter fail.
Arkadi Kuhlmann: Why Mortgage Modification Isn't Working - WSJ.com
Utter fail.
Arkadi Kuhlmann: Why Mortgage Modification Isn't Working - WSJ.com