Personal Finance Advice and Commentary

Wednesday, May 15, 2013 9:41 am
By Judy Martel · Bankrate.com

Homeowners in need of a mortgage modification don’t need to wait until July 1.

Wednesday, October 17, 2012 7:05 am
By Judy Martel · Bankrate.com

A new tool aims to streamline the modification process for struggling homeowners.

Tuesday, May 24, 2011 10:48 am
By Holden Lewis · Bankrate.com

Why were you turned down for a HAMP modification? That’s the question that the U.S. Treasury aims to answer with an online calculator that was posted yesterday. It also can help answer the question: Will I be approved for a HAMP mod? The calculator can be found at the dreadful URL CheckMyNPV.com. For search engine

Thursday, December 16, 2010 3:12 pm
By Marcie Geffner · Bankrate.com

“Failure” may be too harsh a word to describe the shortcomings of the U.S. Treasury’s Home Affordable Modification Program, but HAMP hasn’t exactly been an unqualified success either, judging by the Executive Summary of a 192-page report issued Dec. 14 by a Congressional oversight panel. Here are three snippets, quoting directly from the report: •