Goldman Sachs

ACORN Asks HAMP Servicers to Forgive Principal 

Servicers of mortgages 60 days delinquent and over may be implementing more than 230,000 trial modifications since the Home Affordable Modification Program (HAMP) began in March, but the largest non-profit organization representing such borrowers says more is needed to stop the “hemorrhage” of foreclosures across the nation.