HOPE NOW: 43K Proprietary Loan Mods for Homeowners in April

WASHINGTON, D.C. – June 1, 2012 – (RealEstateRama) — Mortgage Industry has Completed 5.46 Million Total Mods Since 2007 (WASHINGTON, DC) – HOPE NOW, the oluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its April 2012 loan modification data. An estimated 43,000 homeowners received permanent, affordable loan modifications via proprietary programs from mortgage servicers during the month.