Obama Administration Expands Foreclosure Prevention Program
NEW YORK (CNNMoney) — The Obama administration is taking another swing at improving its main foreclosure prevention program.
The administration said it was expanding eligibility for its Home Affordable Modification Program, known as HAMP, to borrowers with higher debt loads and tripling the incentives it pays banks that reduce principal on loans.
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Tags: avoiding foreclosure in ma, foreclosure prevention programs, Home Affordable Modification Program in MA
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Lew Corcoran
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