Home Affordable Mortgage Program Reports Over 500,000 Trial Loan Mods in Progress
ByThe Obama Administration released it’s latest progress report on the Making Home Affordable Program – citing that more than 500,000 trial loan modifications are in progress.
Press Release – October 8, 2009 (Making Home Affordable website)
Today, almost one month ahead of a November 1 benchmark set earlier this year, the U.S. Department of the Treasury and U.S. Department of Housing and Urban Development (HUD) announced a new milestone of more than 500,000 trial loan modifications in progress under the Making Home Affordable program.
![MHAP Report [Oct 8]](http://residentialshortsale.com/wp-content/uploads/2009/10/Screen-shot-2009-10-09-at-12.27.48Oct-9.png "MHAP Report [Oct 8]")
Loan Modification may be an alternative for some homeowners. The Making Home Affordable website is packed with information and resources:
Borrowers Frequently Asked Questions
Are you a Las Vegas Homeowner facing a possible foreclosure or considering a short sale?
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