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Loan Modification

: Loan Modification & Home Loan News

Number of Borrowers Under Loan-Modification Plan Falls to Lowest Level

By Moe Bedard

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The number of new borrowers receiving help from the Obama administration’s signature loan-modification plan fell to its lowest level since the program began last year, according to figures released Wednesday. Just 18,000 borrowers started modifications in August, while three times as many that had previously been enrolled were disqualified from the program. Overall, around half [...]

Full post as published by Loan Modification & Home Loan News on September 23, 2010 (boomark / email).

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