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Loan Modification

: Loan Modification & Home Loan News

More than half exit foreclosure-relief program

By Moe Bedard

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WASHINGTON ? The Obama administration’s flagship mortgage-relief effort is failing to ease the foreclosure crisis as more than half of those who have enrolled have fallen out of the program. As of August, approximately 680,000 homeowners who applied to get their mortgage payments lowered, or about 51 percent, have been disqualified, the Treasury Department said [...]

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

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