Hope Now, one of the largest foreclosure avoidance non-profits out there has announced that it foresees at least 2 million loan modifications in the coming year. This would be as part of their ongoing programs to help homeowners avoid losing a home to foreclosure.
They plan to do this by increasing the number of homeowner workshops by at least thirty over present numbers. This increase will also be accompanied by more use of the internet and telephone to assist homeowners in seeking modification of their loans.
Monday, December 29, 2008
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