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Friday, July 9, 2010

Loan Modification Progress Chart | Eye on the Bailout | ProPublica








Visit our Eye on Loan Mods for our complete coverage of the government's foreclosure prevention program.
This Treasury Department data, reflecting activity through May 31, 2010, shows how the largest mortgage servicers participating in the administration's $75 billion foreclosure prevention program have been performing.
The estimated number of "Eligible Loans" comes from the Treasury Department and is based on the number of eligible loans that are more than 60 days delinquent.
The program features a 3-month trial period for modifications before they’re eligible to become permanent. However, many trials have gone much longer. The "Aged" column shows how many trials have gone longer than six months at each servicer, while the "In Trial" shows trials that have not yet lasted that long. See note below.


Loan Modification Progress Chart | Eye on the Bailout | ProPublica

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