Obama program mostly delays foreclosures, firm says

A

Anonymous_IHB

New member
Check out the chart



<A href="http://mortgage.freedomblogging.com/2009/10/15/obama-program-merely-delays-foreclosures-firm-says/19681/">http://mortgage.freedomblogging.com/2009/10/15/obama-program-merely-delays-foreclosures-firm-says/19681/</A>
 
<em>"(T)he HAMP program right now ... really makes it difficult for anyone from the outside [of Citi] to actually have a good view as to the inherent credit profile in our (mortgage) delinquency buckets."</em>

<a href="http://www.calculatedriskblog.com/2009/10/citi-conference-call-comments-on-impact.html">Citi CFO John Gerspach, Oct 15, 2009</a>



Funny, every major bank's CEO has said in their Q3 earnings conference calls that HAMP is affecting how they process foreclosures.
 
You must log in or register to reply here.
Back
Top