Relevant:
- 616,839 trial loan modifications canceled under hamp
- more than 500,000 trial loan modifications canceled
- Bank of America: 2/3 of Borrowers May Lose Government Mods
- New Fannie Rule: "Bring Us Your Poor, Your Tired, Your Student-Loan-Debt-Overloaded..."
- In January of This Year the Treasury Department Told Lenders How to Move Trial Modifications to Permanent. Why Are They Procrastinating?
2010-12-23 — thetruthaboutmortgage.com
"The most commons causes of cancellation were insufficient documentation, trial plan payment default, and borrower ineligibility due to debt-to-income ratio."
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