Loan Modifications

Found 11 blog entries about Loan Modifications.

Interesting article, it says that only 25 people in the whole country have qualified for the "Hope for Homeowners" program...25 in the whole country... with the guidelines setup as they were though I'm surprised its even that high.  Despite its name this program has not exactly been what I would call a "light at the end of the tunnel" for US Households.

http://www.businessweek.com//bwdaily/dnflash/content/feb2009/db20090218_423745.htm?chan=top+news_top+news+index+-+temp_news+%2B+analysis

I do think there will be some major changes in lender willingness to do loan mods between now and end of 2009, especially with regard to their willingness to reduce principal balances, stay tuned...

Update 3/24/09:  Here is a new article from Inman News with some

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