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Loan Modification

: Loan Modification & Home Loan News

So Many Foreclosures, So Little Logic

By Moe Bedard

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Mr. White found that mortgage modifications peaked in February and have declined in all but one month since. While servicers modified 23,749 loans in these trusts in February, they changed only 19,041 in May and 18,179 in June. This is exactly when servicers were supposed to be responding to the government?s loan modification urgings. Foreclosures, meanwhile, [...]

Full post as published by Loan Modification & Home Loan News on July 06, 2009 (boomark / email).

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