Recidivism high for modified home mortgages

Recidivism high for modified home mortgages (access required)

By Jim Woodard
Published: July 23, 2012
Time posted: 3:38 pm

A successful mortgage modification doesn't necessarily mean the homeowner's problems are over. In fact, most of those borrowers will become delinquent again within 18 months, a recent study revealed.

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