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Real Estate & Property Law

: Housing Wire

Hope Now Sees Slower Climb in Repayment Plans

By DIANA GOLOBAY

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HOPE NOW, the private sector alliance of mortgage servicers, non-profit counselors and investors touted 249,000 completed workout solutions for struggling borrowers in May. The figure represents a 4% decline from April. Modifications slipped 16.3% from April while repayment plans — including refinancings — rose 6.1% in May after jumping 21.45% in April, indicating at least [...]

Full post as published by Housing Wire on July 02, 2009 (boomark / email).

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