Servicers Modify 210K Loans Through Own Programs in Q1: Report

Day: May 3, 2011

Servicers Modify 210K Loans Through Own Programs in Q1: Report

Servicers Modify 210K Loans Through Own Programs in Q1: Report

An estimated 210,000 homeowners received permanent, proprietary loan modifications from mortgage servicers during the first quarter of 2011, according to data released by HOPE NOW on Monday. That’s down nearly 20 percent from the 261,500 private-program mods reported during the fourth quarter of 2010, and 40 percent fewer than the 347,000 completed in the third…  Continue Reading

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