TARP Watchdog Blasts Treasury's Foreclosure Prevention Plan
By Michael R. Crittenden, Of DOW JONES NEWSWIRES
Washington -(Dow Jones)- The U.S. Treasury Department's metric for measuring the success of its program to help homeowners facing foreclosure is "essentially meaningless" and the flawed program could actually increase the pain for some borrowers, a government watchdog suggests in a new report.
TARP Watchdog Blasts Treasury's Foreclosure Prevention Plan
By Michael R. Crittenden, Of DOW JONES NEWSWIRES
Washington -(Dow Jones)- The U.S. Treasury Department's metric for measuring the success of its program to help homeowners facing foreclosure is "essentially meaningless" and the flawed program could actually increase the pain for some borrowers, a government watchdog suggests in a new report.
TARP Watchdog Blasts Treasury's Foreclosure Prevention Plan
