Are Mortgage Companies to Blame for Lack of Foreclosure Progress?

Homeowners across the country facing foreclosure are still having a difficult time getting help with their mortgages despite the Obama administration's efforts to reduce home foreclosures through its Home Affordable Modification Program.

That’s why representatives from the nation’s top mortgage servicing companies will be called to the carpet later today by senior officials from the departments of the Treasury, Housing, and Urban Development to defend their performance record under the HAMP program.

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This article was originally published in The Chicago Sun-Times.