Update: Treasury reports program 'suspended'; Housing: HAMP – 2MP …
The blog says housing economist Tom Lawler emailed the Web site for HAMP, as the umbrella program is known, to ask for a list of companies that have signed up for the Second Lien Modification Program. Lawler got this response: … A positive NPV occurs where the discounted value of expected cash flows for the modified loan is higher than the discounted value of expected cash flows for the unmodified loan