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Loan Modification

: Loan Modification & Home Loan News

Report says gov?t mortgage modifications work best

By Moe Bedard

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Borrowers with mortgages modified under the federal government’s foreclosure prevention program are more likely to stay current than those with other modifications, a report Wednesday showed. Fewer than 17 percent of home loans modified under the Obama administration’s $75 billion Home Affordable Modification Program had missed at least one monthly payment, while fewer than 8 [...]

Full post as published by Loan Modification & Home Loan News on June 29, 2010 (boomark / email).

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