Some devastatingly low numbers for permanent loan modification. If you did not catch this NY Times article by Peter S. Goodman, it is worth reading. Apparently the Treasury Department will be making some major announcements this week.
BUSINESS / ECONOMY | November 29, 2009
U.S. Will Push Mortgage Firms to Reduce More Loan Payments
By PETER S. GOODMAN
Only a tiny fraction of mortgages have been permanently reduced under a $75 billion program for troubled homeowners.
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There are supposedly some changes coming to the forefront this week. Hopefully they will help.
Nov 29, 2009 11:11 PM
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Harley Wilcox
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