Foreclosure Mitigation & Mortgage Irregularities (Housing Issues, Laws and Programs) - Hardcover

Hardcover

ISBN 10: 1613244339 ISBN 13: 9781613244333

Publisher: Nova Science Publishers Inc, 2012

Synopsis

In the wake of the financial crisis of late 2008, the Treasury developed HAMP (Home Affordable Modification Program) as the latest in a series of federal government initiatives to stem the growing foreclosure problem. At the time, foreclosures had been rising for several years already, leading to an increase in the number of empty homes owned by banks and weakening the banking system, at a time when policymakers felt that restoring economic and bank stability was crucial. The history of prior efforts, which met with limited success, provides a useful context for examining HAMP and its performance to date. This book examines the consequences of mortgage irregularities for financial stability and foreclosure mitigation.

Edition details

• Publisher: Nova Science Publishers Inc
• Publication date: 2012
• Language: English
• ISBN 10: 1613244339
• ISBN 13: 9781613244333
• Binding: Hardcover
• Number of pages: 294
• Editor: Mitchell Frank P, Rehman George A