This is the latest Home Affordable news up to May 2011. Includes the new assessment of major mortgage servicers and updates on all the associated HAMP programs.
This is a first with regard to disclosing on how the servicers are helping people struggling with home ownership and meeting their mortgage payments.
The program is continuing to help many families, 4.8 million modification arrangements (applications) have been started between April 2009 and March 2011.
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