The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
5/12/2020 Administration Releases March Loan Modification Report Homeowners Have Saved a Cumulative $3 Billion Under HAMP to Date U.S. DEPARTMENT OF THE TREASURY Press Center Administration Releases March Loan Modification Report Homeowners Have Saved a Cumulative $3 Billion Under HAMP to Date 4/14/2010 TG - 641 WASHINGTON - The U.S. Department of the Treasury and the Department of Housing and Urban Development today released March data for the Administration's Home Affordable Modification Program SM (HAMP SM). As of the end of the month, more than 1.4 million homeowners received offers for trial modifications, and more than 1.1 million borrowers were receiving a median savings of $500 each month. Permanent modifications have been granted to more than 230,000 homeowners, and an additional 108,000 permanent modifications have been approved by servicers and are pending only borrower acceptance. Homeowners' lower monthly mortgage payments under HAMP represent a cumulative savings of more than $3 billion. The March HAMP report can be found here: http://www.makinghomeaffordable.gov/docs/Mar%20MHA%20Public%20041410%20TO%20CLEAR.PDF ### https://www.treasury.gov/press-center/press-releases/Pages/tg641.aspx 1/2 5/12/2020 Administration Releases March Loan Modification Report Homeowners Have Saved a Cumulative $3 Billion Under HAMP to Date https://www.treasury.gov/press-center/press-releases/Pages/tg641.aspx 2/2
@FedFRASER