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Loan Modification

: Mortgage Lender Implode-o-Meter

New Data Shows Loan Mod Logjam Continues; Servicers Must Double-check Denials

By Implode-Explode Heavy Industries

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" New data released Friday shows that the story for the government?s foreclosure prevention program remains the same: Mortgage servicers have delivered relatively few permanent modifications, and hundreds of thousands of borrowers in trial modifications have yet to receive a final answer after many months of waiting."

Full post as published by Mortgage Lender Implode-o-Meter on March 15, 2010 (boomark / email).

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