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Loan Modification

: Blown Mortgage

Loan Modifications Double, Treasury And The Obama Administration Optimistic

By Andrew

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Loan Modifications under the HAMP program started slowly, and continued to plod along, now they are still providing completion rates that are unsatisfactory, if you want to word it nicely. Pathetic, would probably be a better description. However, the Obama Administration has worked hard to put pressure on the banks and servicers that manage home mortgages and have the purse strings on loan modifications. What was the result? The number of temporary loan modifications that have been made perman read more

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Full post as published by Blown Mortgage on January 18, 2010 (boomark / email).

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