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Contents
 BankNet  HelpWithMyBank.gov  Job Seekers |
Appendix B—New Payment PlansThird Quarter 2008 New payment plans totaled 154,649 during the third quarter, an 11 percent increase from the second quarter. New payment plans constituted 54 percent of all home retention actions in the third quarter. Loan modifications have increased more quickly than payment plans. Subprime loans constituted 39 percent of all new payment plans in the third quarter and only 9 percent of all loans. Prime loans constituted 22 percent of all new payment plans in the third quarter and 67 percent of all loans.
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