Govt Anti-Foreclosure Program Needs Goals
(AP) — The Obama administration’s central foreclosure-prevention effort won’t reach its original goals and the government should come up with clear, measurable objectives for the two-year-old program, according to a new report from a congressional watchdog. Because the Treasury Department has failed to properly analyze the program it runs, it is nearly impossible for overseers and the public to determine whether it is a success, the Congressional Oversight Panel said in a report issued Tuesday.
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