Borrowers can file for help online

Servicers expect flood of apps for loan mods

Anticipating a flood of requests from troubled borrowers hoping to participate in the Obama adminstration’s plan to modify or refinance up to 9 million loans, the HOPE NOW coalition of mortgage servicers is taking applications for assistance online at

Troubled borrowers can now apply for help from their mortgage servicer by submitting details about their financial situation at, the Web site operated by the alliance of mortgage servicers and non-profit counselors.