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Loan Modification

: The Truth About Mortgage.com

11 Percent of HAMP Modifications Back in Default

By scot184

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After nine months, 11 percent of homeowners who received permanent loan modifications via the Making Home Affordable program were back in default, according to a Treasury report released today. And roughly 16 percent of permanent mods were 60+ days delinquent. At six months, less than 10 percent were 60+ days late and fewer than six percent had [...]

Full post as published by The Truth About Mortgage.com on October 26, 2010 (boomark / email).

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