The Obama administration's Home Affordable Modification Program (HAMP) looks to be the temporary holding cell where delinquent and underwater homeowners bide their time until they enter the administrations short sale cash-for-keys program - formally known as...
Ted Spradlin is a Senior Loan Officer at ENG Lending, an FDIC-insured nationwide mortgage banker. He began his mortgage career in 2002 on the origination and underwriting side of the business. In 2008, he transitioned to the distressed mortgage and real estate space where he developed an expert knowledge of hyper-defaulted mortgage resolution, working with homeowners, investors, attorneys, and Realtors in nearly every major market nationwide. Ted is the Portland Credit
Examiner for Examiner.com, writing daily about mortgage and housing industry developments. He can be reached at 503-891-4205 or tspradlin@englending.com.
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