WASHINGTON, DC – May 17, 2010 – (RealEstateRama) — The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today released April data for the Administration’s Home Affordable Modification Program (HAMP) showing that permanent modifications for almost 300,000 homeowners – an increase of 68,000 or almost 13 percent over March. New in this month’s report is information about servicer-specific conversion rates to permanent modifications and servicer performance in giving homeowners timely decisions. The data show that there is wide variation among servicers in these areas, further demonstrating the need for transparency regarding servicer performance
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