Inspector General Slams Obama Foreclosure-Prevention Drive

A report by the inspector general of the federal Troubled Asset Relief Program, or TARP, said results of the loan-modification program so far have been disappointing. The report, released Tuesday evening, also said that the U.S. Treasury has failed to measure properly for the Home Affordable Modification Program, known as HAMP, and that it may merely delay foreclosures in too many cases.

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