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Loan Modification

: The Truth About Mortgage.com

Hope Now: Foreclosure Starts Hit Record High

By scot184

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Foreclosure alliance Hope Now completed 249,000 loan workouts in March, up slightly from the 244,000 a month earlier. A total of 134,000 loan modifications and 115,000 less favorable repayment plans were carried out during the month. Repayment plans still fall under the ?workout? umbrella, but may increase the principal balance of the loan as well as the [...]

Full post as published by The Truth About Mortgage.com on April 30, 2009 (boomark / email).

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