Mortgage servicers face a March 15 deadline to make initial cash payments into a specical fund from which qualified borrowers will be compensated for wrongful foreclosure actions taken in 2009 and 2010, according to the most recent consent orders between the lenders and bank regulators.

The Obama Administration’s Home Affordable Modification Program, or HAMP, marks its fourth year this month, with 856,154 households under “permanent” mortgage-reduction plans to help avoid possible foreclosures. But is has been a tough four years and the program continues to lag behind the initial goal of helping up to 4 million homeowners.

In a comment letter filed Feb. 19 with the Consumer Financial Protection Bureau, the bankers not surprisingly had more negative than positive views on credit card reform, which was aimed at decades of lender abuses, such as unreasonable and sudden penalty fees and interest rate hikes without proper notice.