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Hope Now Sees Slower Climb in Repayment Plans

post from Housing Wire on 02 July 2009 02:39:04 PM. © Housing Wire

HOPE NOW, the private sector alliance of mortgage servicers, non-profit counselors and investors touted 249,000 completed workout solutions for struggling borrowers in May.The figure represents a 4% decline from April. Modifications slipped 16.3% from April while repayment plans — including refinancings — rose 6.1% in May after jumping 21.45% in April, indicating at least [...]

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