A year after the $75 billion program to reduce mortgage payments under the Home Affordable Modification Program (HAMP) went into effect, a recent audit report criticized  the outcome of the program as "disappointing." So far, out of the million trial mortgage modifications, under which homeowners can have their mortgage payment reduced for three months, only 168,000 loans have been permanently reduced falling drastically short of the 3 to 4 million initial goal of the Department of Treasury.