Representatives from mortgage servicing companies will be meeting with senior officials from the Treasury and Housing and Urban Development departments today to discuss the results thus far of the government’s Home Affordable Modification Program. Treasury Secretary Timothy Geithner and HUD Secretary Shaun Donovan told the mortgage servicers in a letter that there have not been enough mortgage modifications completed to date. There were 160,000 trial mortgage modifications made by servicing companies as of mid-July, according to the Center for American Progress, with 165,000 more outstanding offers. More than 1.5 million homes have gone into default or received foreclosure notices in the first half of 2009. TRD
Mortgage servicers meeting with officials on loan modifications
July 28, 2009 01:58PM
July 30, 2009 at 7:34 am, Anonymous said:
Geithner = loser.
July 28, 2009 at 6:29 pm, Anonymous said:
gee, I must be a schmuck. I paid off the mortgage years ago. Who do I call to get my share of the “modification money” ?
is capitalism dead ?
August 03, 2009 at 4:23 am, comment 4 said:
Loosers and illegals and God in one sentence. What God do you worship?
July 29, 2009 at 10:48 am, Anonymous said:
I’m with # 1. I did the same thing paid off my mortgage. i think responsible people should get a huge tax break, tax holiday etc
this country is turning into the land of loosers…and illegals
god help us