Latest Loan Modification Statistics

Lenders have offered trial loan modifications to more than 700,000 eligible borrowers. As of late November 2009, only about 31,000 trial loans have been made permanent, which requires at least three on-time payments under the trial program and proof of income. Which means that 670,000 eligible borrowers have not replied, have not completed the application process, or have not qualified.

Deborah Bremner
REALTOR, 00588885,
Certified Short Sale Professional
Certified Home Retention Specialist
(D) 818.564.6591
[email protected]
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