The Treasury Department releases its first monthly “report card” tracking how the various banks and mortgage companies are doing in their efforts to prevent foreclosures. The Obama administration is pressuring the mortgage industry to do more. The latest figures indicate foreclosure rates keep rising.
What do you think?
What has your experience been?
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Tags: bank of america, chase, countrywide, Home Affordable Modification, lenders, loan modification
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August 5th, 2009 at 5:38 am
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August 5th, 2009 at 9:55 am
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August 20th, 2009 at 8:47 pm
[...] Todd Temaat wrote an interesting post today onTreasury Issues <b>Mortgage</b> Loan Report Card | Truth in ForeclosureHere’s a quick excerpt [...]
August 20th, 2009 at 8:49 pm
[...] Todd Temaat wrote an interesting post today onTreasury Issues <b>Mortgage Loan</b> Report Card | Truth in ForeclosureHere’s a quick excerpt [...]
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