Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
W S

The government’s incredible shrinking mortgage mod program

/ Print / Reprints /
| Share More
/ Text Size+
The U.S. government's effort to help struggling homeowners is approaching a standstill, and the number of homeowners in ongoing mortgage modifications could start shrinking in several months if current trends continue, according to a ProPublica analysis of Treasury Department data. A year and a half into the program, the number of homeowners defaulting on their modified loans has been fast approaching the number of new modifications.

Recent Articles by Christine Ricciardi

Comments powered by Disqus