Tuesday, October 26, 2010

Bellwood Family Gets HAMP'd*

The Trib's Mary Ellen Podmolik had a good piece Saturday about a Bellwood family that tried to reduce their home payments through the HAMP program and ended up worse off for having done so. The really jaw-dropping part is how they paid a reduced rate under a trial modification, and are now considered 13 months behind on their old rate, which kicked in after the modification was rejected.… <p>[ <a href="http://www.chicagoreader.com/TheBlog/archives/2010/10/25/bellwood-family-gets-hampd">Read more</a> ]</p>

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Source: http://www.chicagoreader.com/TheBlog/archives/2010/10/25/bellwood-family-gets-hampd

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