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Treasury Department's Mortgage Modification Programs: A Failure Prolonging the Economic Crisis

House Committee on Oversight and Government Reform
; 
Subcommittee on Domestic Policy
Abstract
The Subcommittee on Domestic Policy of the House Committee on Oversight and Government Reform Republican staff investigated the history of the Obama Administration's foreclosure mitigation programs, specifically focusing on the Home Affordable Modification Program(HAMP). The report found that HAMP has not only failed as a program, but instead has the probability of harming thousands of homeowners. In addition to the past statement, the report finds that Treasury has aided in covering up the failure of HAMP.
Date
2010-02-25
Document Type
House Minority Staff Report
Serial Number
Document Length
18 pages
Congress
111
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2010-02-25_R-Treasury_Depts_Mortgage_Modification_Programs-111C.pdf
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URI
https://hdl.handle.net/20.500.14300/1124
Relation
DOI
Keywords
Staff Reports, House
PAP Major Code
14: Community Development and Housing Issues
PAP Minor Code
1400: General
Related Hearings
Press Releases and Contextual Information
https://web.archive.org/web/20230614153307/https://oversight.house.gov/report/treasury-departments-mortgage-modification-programs-a-failure-prolonging-the-economic-crisis/
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House Oversight Committee