Loan servicers have committed to "significantly increasing" the rate at which they negotiate loan modifications with homeowners facing foreclosure, the Obama administration said in announcing a new goal of achieving 500,000 trial loan modifications by Nov. 1.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top