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Loan Modification

: Loan Modification & Home Loan News

White House Impatient with Pace of Loan Modifications

By Moe Bedard

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WASHINGTON (KCBS) - The Obama administration is becoming impatient with the slow pace by which mortgage companies are modifying loans for millions of homeowners. The $75 billion taxpayer-financed program has averted a relatively small number of foreclosures. As KCBS’ Susan Leigh Taylor reports, there’s a bit of a mystery as to why things are moving so slowly. [...]

Full post as published by Loan Modification & Home Loan News on June 30, 2009 (boomark / email).

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