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« Treasury Built Numerous Safeguards In HAMP To Avoid Foreclosure Says Official | Main | Treasury Official: Administration Is Pursuing Mortgage Misconduct »
Thursday
Nov182010

Treasury Official: HAMP Is Key To Success In Fight Against Faulty Foreclosures

AuthorStaff DateThursday, November 18, 2010 at 12:15PM

Phyllis Caldwell, chief of the Treasury Department’s Homeownership Preservation Office, tells the Financial Services Committee that the Home Afforable Modification Program (HAMP) is necessary in the effort against untimely and unnecessary foreclosure. (0:22)

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