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Contents
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Appendix A—New Loan ModificationsThird Quarter 2008 New loan modifications increased by more than 16 percent from the second to the third quarter. New loan modifications were 46 percent of total home retention actions in the third quarter compared to 45 percent in the second quarter. Subprime loans constituted 46 percent of all new loan modifications during the third quarter, nearly twice that of any other category. Prime loans constituted 23 percent of all new loan modifications during the third quarter.
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