New Law Blogs

The logjam of people stuck in trial modifications continues. Data released by the Treasury Department on Wednesday shows that the number of trial mods that have become permanent jumped in January, but the overall number is still just a small percentage of the number of borrowers who’ve begun the trials.

To illustrate the performance of the servicers in the program, we’ve created an interactive breakdown of the data by servicer. There, you can see how bad the logjam is at each one.

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