AARP is suing HUD over reverse mortgage changes

AARP is suing HUD over reverse mortgage changes
The problems afflicting the reverse mortgage industry took a turn for the worse recently, when the AARP Foundation filed a lawsuit challenging federal rules said to be forcing borrowers into foreclosure.
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HAMP, HARP, HAFA: Help
This article originally appeared in The Daily Capitalist . On Tuesday the House, dominated by Republicans,  voted an end to the current program, known as HAMP (Home Affordable Modification Program). Yesterday the NY Times lamente d the fact that the government’s attempts to solve the housing crisis have failed miserably. It isn’t through want of trying. Here are some of the programs listed under …
Read more on Zero Hedge

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