Obama System One to Hurt Residents and you can Helped Larger Finance companies Is Finish Our home Reasonable Amendment Program, otherwise HAMP, was meant to let an incredible number of property owners avoid property foreclosure. It didn't, and today it is set-to prevent. When Chairman Obama revealed our home Sensible Modification Program, or HAMP, to your , inside the Mesa, Arizona, the guy guaranteed it can help 3 to 4 million residents to help you modify its fund to eliminate foreclosures. Nearly seven many years afterwards, lower than one million have obtained constant direction; almost one in around three re also-defaulted after searching inadequate improvement; and you may six mil group shed their homes along side same time months. Put away towards the page 1,983 of your omnibus expenses plan,…