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View Full Version : One in Five Modified Loans Default Again, U.S. Comptroller Says - Bloomberg



NewsWhore
09-29-2011, 02:30 PM
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One in Five Modified Loans Default Again, U.S. Comptroller Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHToRuEQL2NPyv6mc6u4tOZ6jjafw&url=http://www.bloomberg.com/news/2011-09-29/one-in-five-modified-loans-default-again-u-s-comptroller-says.html)
Bloomberg
Photographer: Matthew Staver/Bloomberg One in five homeowners whose mortgages were modified under a program aimed at reducing foreclosures defaulted again within a year after their payments were cut, the US Comptroller of the Currency reported today. ...

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