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Loan Modification

: Mortgage Lender Implode-o-Meter

more than 500,000 trial loan modifications canceled

By Implode-Explode Heavy Industries

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"More than 40 percent of the trial loan modifications started under HAMP were canceled as of the end of last month, but permanent mods totaled nearly 400,000, according to the latest Treasury report."

Full post as published by Mortgage Lender Implode-o-Meter on July 20, 2010 (boomark / email).

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