650,000 borrowers have enrolled in new mortgage relief program
WASHINGTON — The Obama administration ’s mortgage relief program has reached one in five eligible homeowners, a government report said, but most of those borrowers are on temporary trial plans that have yet to be made final.
As of the end of October, more than 650,000 borrowers, or 20 percent of those eligible, had signed up for trials lasting up to five months, the Treasury Department said. The modifi...
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