You can google "Home Affordable Modification Program" and "foam the runway" [for the banks]. But here's one of many articles: https://prospect.org/economy/need

You can google "Home Affordable Modification Program" and "foam the runway" [for the banks]. But here's one of many articles: https://prospect.org/economy/needless-default/ https://prospect.org/economy/needless-default/ "The cynical view is that HAMP worked exactly to the Treasury's liking. Both Senator Elizabeth Warren and former Special Inspector General for TARP Neil Barofsky revealed that then-Secretary Geithner told them HAMP's purpose was to "foam the runway" for the banks. In other words, it allowed banks to spread out eventual foreclosures and absorb them more slowly. Homeowners are the foam being steamrolled by a jumbo jet in that analogy, squeezed for as many payments as they can manage before losing their homes."