HOPE NOW: Mortgage Industry Completed 87,000 Permanent Loan Mods for Homeowners in February

WASHINGTON, DC – April 7, 2011 – (RealEstateRama) — HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its February 2011 loan modification data, which shows that an estimated 87,000 homeowners received permanent, affordable loan modifications from mortgage servicers for the month.