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Loan Modification

: Loan Modification & Home Loan News

Obama Modification Programs Not Helping Nearly as Many Homeowners as Expected

By Evan Bedard

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A federal auditor says the Obama administration’s foreclosure-prevention program is reaching too few people and hurting some homeowners by stringing them along, then rejecting them. But new data show that the program is working well for those homeowners who actually manage to qualify. Some in the mortgage industry have been pessimistic about efforts to help [...]

Full post as published by Loan Modification & Home Loan News on October 27, 2010 (boomark / email).

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