Industry NewsMortgage

Borrowers seek help finding jobs, food

MortgageKeeper: Survey shows larger economic problems
Published on Jan 6, 2010

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Nearly one in four troubled borrowers seeking referrals to aid agencies last year said they needed help finding a job, suggesting loan modifications are only a temporary solution, according to MortgageKeeper Referral Services Inc.

The Ithaca, N.Y.-based company maintains a database of more than 4,000 nonprofit and government agencies in 75 metro areas in all 50 states, which it says covers 90 percent of high-foreclosure markets.

Comments