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Loan Modification

: Loan Modification & Home Loan News

Private Mortgage Modifications Overshadow Government Program

By Moe Bedard

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If you follow the struggles of the government’s “HAMP” foreclosure prevention effort, then you might think modifying mortgages is a lost cause. Last month, five times as many homeowners dropped out of HAMP than obtained permanent modifications. Its numbers of new trials and permanent modifications both declined in May. But there might be a reason [...]

Full post as published by Loan Modification & Home Loan News on June 28, 2010 (boomark / email).

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