Mortgage Program Sees More Dropouts -- Report Suggests Rise in Foreclosures Possible
The Commercial Appeal (2007-Current) › August 23, 2010
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The Commercial Appeal (2007-Current) › August 23, 2010
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WASHINGTON - Nearly half of the homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out.
A report Friday from the Treasury Department said some 630,000 people who had tried to get their monthly mortgage payments lowered through the effort have been cut loose through July.See the full content of this document
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Mortgage Program Sees More Dropouts -- Report Suggests Rise in Foreclosures Possible
That's about 48 percent of the 1.3 million homeowners who had enrolled s...
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