National Foreclosures Spike, Lender Modifications

This article entitled “Foreclosures spike – so do mortgage-help plans” appeared in the on March the 30th, 2009. Les Christie wrote:

“NEW YORK ( – Lenders have helped an increasing number of mortgage borrowers to get current on payments and stay in their homes, but the tide of foreclosures is still rising.

In February, nearly 250,000 homeowners received either mortgage modifications or repayment plans from their lenders, according to Hope Now, the coalition of lenders, investors and community advocacy groups put together to combat the foreclosure plague…read the full national foreclosures spike on lender modifications story.

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