Friday, January 15, 2010

HAMP Notes

Housing Wire reports that the number of permanent mortgage modifications that the Bank of America has made after a trial loan modifications under the Home Affordable Modification Program ("HAMP") rose from 98 mortgage as of the end of November, 2009 to 3,200 by January, 2010. The HAMP program began in March, 2009.

Bank of America reportedly has more than 200,000 customers in HAMP trial modifications and started more than 34,000 new trial modification in December, 2009.
Post a Comment