Why Obama Needs a Plan B For Mortgages?


The HAMP was launched with considerable fanfare but its effects are dwindling even though it has made considerable dent in overall foreclosure mess across US. However, the Obama plan could not stem the tide of this foreclosure tidal waves and its impacts are deeper. This is an interesting article which is suggesting lots of substitute measures helpful in the reduction of foreclosure throughout USA.
http://www.nytimes.com/2009/12/06/business/economy/06gret.html?scp=7&sq=&st=nyt

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