HAMP Doomed To Fail, Says IMF

10 Apr 2012

The International Monetary Fund says faulty design of the U.S. Department of Treasury’s Home Affordable Modification Program doomed it to failure.

The International Monetary Fund says faulty design of the U.S. Department of Treasury’s Home Affordable Modification Program doomed it to failure. The IMF, in an article in one of its publications, cited limited incentives for parties to participate and strict eligibility criteria for borrowers.

Click here ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.