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Loan Modification

: Loan Modification & Home Loan News

Obama foreclosure-relief plan fails to show gains

By Moe Bedard

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WASHINGTON ? The number of struggling homeowners who cut their mortgage payments in September through an Obama administration initiative fell to its lowest level in nearly a year, increasing debate about the program’s effectiveness. Nearly 28,000 homeowners reached agreements with mortgage servicers last month to permanently modify mortgages under the Home Affordable Modification Program (HAMP), [...]

Full post as published by Loan Modification & Home Loan News on October 26, 2010 (boomark / email).

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