Not Breaking News because it's almost 16 months old, but Diane E. Thompson's July 16, 2009 Senate Committee Hearing critique of HAMP is STILL VALID.

Barack Obama has chosen to take a path of deception regarding HAMP that has resulted in over a million homes being unfairly foreclosed upon even though Obama was publicly warned about what was wrong with HAMP back on July 16, 2009!

Barack Obama's impudence recently escalated (Oct.27, 2010) when he had Chief of Homeownership Preservation Office Phyllis Caldwell give verbal and written testimony Before the Congressional Oversight Panel | RealEstateRama that claimed everything was fine with HAMP.

What is incredibly amazing is that on July 16, 2009, Diane E. Thompson gave written and verbal testimony in front of Congress identifying practically every problem related to HAMP that appears to have still gone unresolved almost 16 months later!

If you are an attorney representing a homeowner who was subjected to violations of how HAMP was supposed to perform, and those violations occurred well after July 16 of 2009, you can click here to read the written testimony given in front of the United States Senate Committee on Banking, Housing, and Urban Affairs by Diane E. Thompson.

The question remaining to be asked is, is it fair and reasonable that 16 months after receiving official notification in front of the Banking, Housing, and Urban Affairs Committee by Consumer Advocate Diane E. Thompson that Barack Obama and his administration are still using a poker face to say everything is fine, when the problems outlined by Diane E. Thompson 16 months ago still remain?

If I were a homeowner with a HAMP case and a good lawyer, why not subpoena Barack Obama? Barack Obama has not only taken credit for HAMP when he first announced it, he has recently had one of his paid personnel go in front of a congressional oversight committee and say the HAMP program is a success.

Is that not perjury?

If it is perjury, than Barack Obama needs to answer more questions in court over this matter, no?

(Edit Update - Nov. 27, 2010 11:04PM)

You can find congressional video and transcription links to all three congressional hearings on home foreclosures and mortgage service investigations by clicking here.