April 24th, 2010 
admin Posted To: Voice of Housing
Earlier this week I gave an interview to a foreign news service that will ultimately be aired in Arabic. While I may not yet be fluent in that particular language, my responses translate into answers we've been grappling with in the housing industry for the last several years. In responding to the reporter's question of whether or not the Home Affordable Modification Program (HAMP) will be ultimately successful – one needs to realize that it isn't a one size fits all solution. It definitely is helping a certain segment of the population, and will benefit an even greater amount down the road. However there are a sizable number of potential homebuyers that will not qualify. The current economic crisis, which the instability of housing markets definitely contributed to, will require…(read more)
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