Web Site Cuts Through HAMP Redtape

Having trouble getting through the red tape of the Home Affordable Modification Program (HAMP)? You're not alone. But getting mortgage relief has just gotten a little bit easier.

A new web site, FreeHAMPreport.com, promises to walk you through the process and determine whether you are eligible for HAMP within 15 minutes -- at no cost. It even offers online chat if you run into trouble completing the information needed for HAMP paperwork. If you do qualify, the site offers more assistance, for a fee. But we're thrilled to see a useful tool to help borrowers who have been struggling with the complex process of applying for a mortgage modification.