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Loan Modification

: Loan Modification & Home Loan News

Over half U.S. home loan aid applicants drop out

By Moe Bedard

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A release from the Treasury and the Housing and Urban Development departments on the Making Home Affordable Program, or HAMP, showed nearly 700,000 have had trial modification programs canceled by the end of September. That represents about 51 percent of homeowners who sought lower monthly payments but were dropped, around the same proportion of failures [...]

Full post as published by Loan Modification & Home Loan News on October 26, 2010 (boomark / email).

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