LIEB BLOG

How current events impact your business and real estate holdings

Monday, October 22, 2012

Making Home Affordable - Performance Report

MHA recently posted their performance report through August 2012. This is the Federal Program that oversees mortgage modifications, short sales, and deeds in lieu of foreclosure. The most interesting statistic was that "81% of eligible non-GSE borrowers entering HAMP in August have received some form of principal reduction with their modification".

To read the report, click here.

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