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Home » Store » News » Government Mortgage Modification Program Moving Backwards, GSE Activity Dwarfs Non-Agency Sector

Government Mortgage Modification Program Moving Backwards, GSE Activity Dwarfs Non-Agency Sector

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Mortgage servicers are making fewer loan modification offers to eligible candidates, and few trial mods are being converted to permanently restructured mortgages, according to new data on the Home Affordable Modification Program released this week. As of May, there were 357,998 non-agency mortgage loans that were either in trial or permanent modification...
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