First Arnie signs in $200 million more free cheese, now this. Although when I receive unsolicited emails I never know for sure how to verify them, so I’ll call this a rumor – but very believeable:


I was just at a conference in NY and they said that the Treasury knows the HAMP program was not working because they were requiring homeowners to sign statements to document their income and no one wanted to do that. The Govt is going to stop requiring that additional documentation of income, and the expectation is that the numbers of mortgages being modified under HAMP will go up significantly.

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