Mortgage Modification Program: Subprime Lenders Entrusted With Billions To Fix Mortgage Crisis They Created

First Posted: 4/11/10 Updated: 5/25/11

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Housing Crisis , Mortgage Crisis , Subprime Mortgage Crisis , Subprime Mortgages , Center For Public Integrity , Subprime Loan Crisis , Treasury Department , Home Affordable Modification , Home Affordable Modification Program , Business News

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Mortgage Modification Program: Subprime Lenders Entrusted With Billions To Fix Mortgage Crisis They Created

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Mother Jones:

The Treasury Department has allocated $75 billion to entice lenders to let beleaguered borrowers stay in their homes. And the companies getting most of that money--well, they're the same companies that got the borrowers into this mess.

Read the whole story: Mother Jones

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