To: President Donald Trump
President Obama hold Banks accountable
Help struggling homeowners receive permanent modifications, The banks are following their own program of denying modifications that would help homeowners through HAMP and are either continuing the foreclosure of homes or placing homeowners in repayment programs that are more expensive than the original mortgage payment. Stop this practice and give homeowners the help that was intended by the Government programs and the mortgage settlements
Why is this important?
Big Banks are not modifying mortgages as agreed upon. Only a small percentage of struggling homeowners are receiving permanent modifications.