RealTrends reports that more than 116,000 homeowners now have permanent loan modifications, nearly doubling the number from December, according to the Administration's Home Affordable Modification Program (HAMP). An additional 76,000 permanent modifications have been offered, and are waiting only for the borrower's signature. In total, Over 1 million homeowners have started trial modifications and nearly 1.3 million offers for trial modifications have been extended to homeowners.
If you are in trouble with your mortgage call your loan servicer. They want to help you keep your home! As always, if you have any questions do not hesitate to call me right away.
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