Full article here:
Dec 10, 2009 (CNNMoney.com)
Only about 4% of troubled borrowers have received long-term help under the Obama administration's foreclosure prevention program, Treasury officials said Thursday.
A nearly equal number of trial modifications have been denied permanent assistance, the report showed. The reasons include:
-not making monthly payments on time
-not submitting all the necessary paperwork
-not qualifying for reasons such as insufficient income.
No comments:
Post a Comment