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Loan Modification

: Loan Modification & Home Loan News

Loan Modification Logjam Continues for 265,000 Homeowners

By Moe Bedard

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New data released Monday shows that the administration?s mortgage modification program [1] continues to be plagued by delays and disappointment for hundreds of thousands of homeowners. Of the 1.2 million homeowners who have begun a modification in the last year, about 265,000 have been stuck in ?trial? periods for six months, double the three months [...]

Full post as published by Loan Modification & Home Loan News on May 21, 2010 (boomark / email).

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