Challenged Borrowers with Home Loan Mods Returning to Default
It's disappointing that almost 40 percent of homeowners who had their monthly payments cut by 20 percent or more last year were delinquent again within a year.
(as Reported on December 21, 2009, by US Office of the Comptroller of the Currency and the Office of Thrift Supervision.)
Harrison K. Long, Explore Group, Coldwell Banker Previews, Irvine, CA. Irvine Realtor. CA DRE #01410855. ExploreProperties@gmail.com. Tel. 949-854-7747.
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