2010-08-24housingwatch.com

"Foreclosure prevention programs are not working as well as the Obama administration had hoped. The Making Home Affordable Program had 96,000 trial modifications canceled by lenders in July, bringing the total number of canceled modifications to 616,000 since the program was started in February 2009. The total number of modifications that have been made permanent is 422,000."



Comments: Be the first to add a comment

add a comment | go to forum thread