The Hope for Homeowners Program brought to you by your federal politicians last year has produced zero, yes none, yes, as in not one mortgage modification, just slightly short of the 40,000 predicted, as the fastball described by Bob Uecker in “Major League” was “just a bit outside.”
Never one to let failure affect its programs, this one is being revamped.
Representative Barney Frank of the People’s Republic of Massachusetts predicts that the bill with those revisions will be joined with Chapter 13 bankruptcy reform allowing mortgage cramdowns.
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Help!!! I filed chapter 13 18 months ago, at that time i was able to work 70 hours a week to keep my home…but now i have medical problems that are causing me to need to reduce to 40 hours. My hausband continues to be out of a job…Do chapter 13 clients qualify for the HAMP program??