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Florida’s borrowers in trial and permanent loan modifications, representing 12.3 percent of the nation’s total
For the second month in a row, Florida had the second highest number of loan-mortgage modifications among the states under the Obama administration’s Making Home Affordable program in April.
California was No. 1, with 198,382 loans in trial or permanent modifications, the April report from the Treasury Department says. Florida had 114,486. Florida’s borrowers in trial and permanent loan modifications represent 12.3 percent of the nation’s total.
Much of that activity is concentrated in South and Central South Florida. The combined number of loan modifications reported in April for three Florida metro areas — Orlando, Tampa-St. Petersburg and Miami-Fort Lauderdale-Pompano Beach — is 76,861.
Read more; http://www.sun-sentinel.com/business/fl-loan-mods-april-20100517,0,634692.story
