Relevant:
- Loan Modifications Stop Foreclosures, Study Shows. DOER ALERT!
- The incoming bailouts for the government mortgage complex and student debt markets -- 15 percent of FHA insured loans are 30+ days delinquent
- HOPE NOW: 545,000 Subprime Borrowers Aided in Second Half of 2007
- Study shows one in 10 mortgages seriously delinquent
- Those facing eviction outnumber those with loan mods by 12 to 1
2009-07-09 — thetruthaboutmortgage.com
"Less than three percent of seriously delinquent mortgages (60+ days overdue) received a payment-reducing loan modification since the mortgage crisis got underway in 2007, according to a new study by the Boston Fed."
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