| Program | Date announced | Implementation date | Funding allocation | Reported activity as of 12/31/2010 |
|---|---|---|---|---|
| Second-lien Modification | March 2009 | March 2010 | Nearly $133 million | $2.9 million in incentives paid |
| Home Affordable Foreclosure Alternatives | March 2009 | April 5, 2010 | $4.1 billion | $9.5 million in incentives paid |
| Principal Reduction Alternative | March 2010 | October 1, 2010 | $2.0 billion | Activity not yet reported |
Thursday, April 07, 2011
Making Homes Affordable
Today is GAO day. Here's a little summary of how well the Treasury has been implementing the Making Homes Affordable Progam
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