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Wednesday, March 30, 2011

House Votes to Terminate Government's Mortgage Modification
U.S. House passed legislation Tuesday to end the administration's foreclosure prevention initiative, the Home Affordable Modification Program (HAMP). The HAMP Termination Act (H.R. 839) It a largely symbolic. The bill is not expected to pass in the Senate. Republican senators have already introduced a bill to pull the plug on the federal program.

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