Administration Tries Again to Stanch Foreclosure Tide
Jul 29th, 2009 | By Charles L. Stanley CFP® ChFC® AIF® | Category: News
Facing a rising tide of home foreclosures, the Obama Administration is pushing mortgage servicing companies to more than double the industry’s mortgage modifications by Nov. 1.
After a day long meeting with 25 servicers at the Treasury Department, the Administration for the first time announced a specific goal for modifications by the industry under the Treasury’s $75 billion Home Affordability Modification Program — 500,000 by November…
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Administration Tries Again to Stanch Foreclosure Tide – FOXBusiness.com
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