Foreclosure Mitigation & Mortgage Irregularities
Book Details
Format
Hardback or Cased Book
ISBN-10
1613244339
ISBN-13
9781613244333
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jan 26th, 2012
Print length
294 Pages
Weight
694 grams
Dimensions
25.90 x 18.40 x 2.10 cms
Product Classification:
Social issues & processes
Ksh 51,100.00
Not available
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Quality
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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.
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