Mortgage servicers signed off on 33,300 permanent HAMP modifications in August — the lowest number of completed restructurings since December 2009 when the Obama administration's foreclosure prevention program was just getting off the ground.

The Treasury Department's latest update on the Home Affordable Modification Program (HAMP)also shows 56,700 borrowers participating in the HAMP trial payment modifications did not qualify for a permanent mod and were cut from the rolls.

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