Items Tagged with 'Michael Barr'


  • Latest HAMP Incentive Targets Home Price Declines

    The administration is taking on a new enemy to homeowners: home price declines that plunge borrowers underwater on their mortgages. The US Treasury Department as part of its Home Affordable Modification Program (HAMP) designed a new Home Price Decline Protection (HPDP) program to add to its alphabet soup of lender and servicer incentive initiatives.
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  • Senate Considers Regulation of Mortgage Products

    The Senate Committee on Banking, Housing and Urban Affairs heard testimony today from industry leaders on the proposed creation of the Consumer Financial Products Administration (CFPA), a new regulatory agency that would oversee financial products such as mortgages and other loans that are marketed and sold to consumers.
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