Tag Archives: Trial Modification

Permanent Modifications Gaining Some Steam

Posted on January 26, 2010 by admin

When numbers for the federal government’s Home Affordable Modification Program were being released near the end of last summer, backlash came quick. It has been originally reported that of 650,000 trial modifications, only 1,700 were made permanent. The program was … Continue reading →

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Loan Modifications Have Helped 20 Percent of Those Eligible…Are You Next?

Posted on November 17, 2009 by admin

According to the U.S. Treasury Department, more than 650,000 active trial loan modifications are in place through October of 2009. This number simply means that more than 650,000 people are taking advantage of the government’s incentives to modifying home loans. … Continue reading →

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Loan Modification from Bank of America on the Making Home Affordable Plan

Posted on October 16, 2009 by admin

Bank of America came under some early criticism for not modifying as many loans as they could under the Home Affordable Modification Program. However, they, like other lenders, have been increasing their output as more effort is made to increase … Continue reading →

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Home Affordable Modification Program Releases July Numbers

Posted on August 5, 2009 by admin

The US Treasury has released its loan modification progress report through July 2009. The report includes all lenders participating in the program and what they have currently done under the program. To date, the numbers are underwhelming but progress is … Continue reading →

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