Principal Loan Reduction and St Louis Loan: HAMP Trials Is A Growing Failure
St Louis Mortgage and Real Estate News –
St Louis Finance and Loan Audit News: Backlog Of Failed HAMP Trials Grows An Amazing 22 Percent
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Modification Advocate
The largest servicers participating in the Home Affordable Modification Program (HAMP) have not taken action on 266,136 delinquent mortgages that have either been canceled out of loan modification programs trials or never qualified for one as of October 2010.
This backlog has increased 22 percent since the 218,246 reported in July 2010 and no doubt higher today.
The program's performance, considered

