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Loan Modification

: Loan Modification & Home Loan News

90,000 borrowers lose mortgage aid under HAMP

By Moe Bedard

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About 90,000 distressed borrowers have lost their mortgage aid under the government’s foreclosure prevention plan and many more are at risk of losing the help, according to Treasury data released Friday. Many of these borrowers did not turn in required documents to prove they qualified for the program, which typically lowers a borrower’s mortgage payment by [...]

Full post as published by Loan Modification & Home Loan News on March 12, 2010 (boomark / email).

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