Thursday, December 13, 2012

Making Home Affordable Statistics Published through October 2012

Highlights:
  • >1.1 million homeowners have received a permanent modification through HAMP.
  • 74% of non-GSE borrowers entering HAMP in October, 2012 received a principal reduction
  • >78,000 HAFA short sales have been completed
To read the full report, click here

The report contains a lot of positive news and those seeking relief from mortgage nightmares should be encouraged.