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Loan Modification

: The Truth About Mortgage.com

Chase Says Making Loan Mods Permanent a Struggle

By scot184

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The Home Affordable Modification Program (HAMP) came under more pressure today after Chase revealed the process has been cumbersome and less successful than its own loss mitigation efforts. Since the program launched earlier this year, Chase has offered 199,033 HAMP modifications, with just 16,131 approved for permanent mods and only 4,302 actually completed. That compares to 160,826 [...]

Full post as published by The Truth About Mortgage.com on December 08, 2009 (boomark / email).

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