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Contents
 BankNet  HelpWithMyBank.gov  Job Seekers |
Newly Initiated Home Retention ActionsThird Quarter 2008 Newly initiated home retention actions totaled 287,755 during the third quarter, an increase of more than 13 percent from the second quarter. New loan modifications increased at a faster pace than new payment plans during the quarter, rising more than 16 percent compared to an increase in payment plans of 11 percent. Modifications comprised more than 46 percent of all newly initiated home retention actions during the third quarter, compared to 45 percent during the second quarter.
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