Home Affordable Modicfication Program (HAMP) Statistics

By
Real Estate Broker/Owner 01293735 CA

Just 1 in 4 of the 2.7 million homeowners who sought to participate in the HAMP program. As of December 2010, only about 680,000 homeowners had received permanent modifications of their loans through HAMP. Other applicants either failed to qualify or were disqualified after they were initially accepted into the program according to figures recently released by the Treasury Department.

It is so good that 680,000 households have been helped by this program. Let's hope they can all stay in their homes for many years to come.

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

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Rainer
230,323
Daniel H. Fisher
MCRP - Charlotte Real Estate, NC or SC
www.FisherHermanRealty.com (704) 617-3544

Dismal stats. And I understand that the long term outlook is not too good even for those who went through the mods.

June 01, 2011 02:43 PM
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Kathy Schowe
La Quinta, California 760-333-8886
California Lifestyle Realty

I don't get the comment above... things are improving!  Congrats on your big sale Lori!  Kathy

June 01, 2011 05:42 PM
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Lori Bowers

The Lori Bowers Group
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