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Loan Modification

: Loan Modification & Home Loan News

Program to Modify Loans Loses Steam

By Moe Bedard

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The Obama administration’s loan-modification program appears to be running out of eligible borrowers who can qualify for restructured loans. The number of homeowners who began government-sponsored loan-modifications in July grew by the slowest rate since the program began nearly 18 months ago and was dwarfed by the number of borrowers whose modifications were canceled. Half [...]

Full post as published by Loan Modification & Home Loan News on August 23, 2010 (boomark / email).

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