U.S. Treasury

Latest Posts

No HAMP For You! NYC Homeowners Sue Over Mods 

Nov 09, 2009By

Four homeowners from Queens and Brooklyn filed a federal class action lawsuit against Aurora Loan Services – a subsidiary of Lehman Brothers – for allegedly not considering their loans for modification under the Home Affordable Modification Program (HAMP). Under HAMP, the US Treasury allocates capped incentives to participating servicers for the modification of loans on the verge of foreclosure. Aurora receives a potential cap of $447m under HAMP.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please