The most recent data from HOPE NOW showed foreclosure starts dropped 21% to 224,000 and foreclosure sales dropped 16%  to 75,000 from July.

Workout plans increased 28% to 325,000. Repayment plans rose by 38% and loan modifications were up by 7%. The Treasury Department reported on Sept. 9 that 360,000 Home Affordable Modification Program (HAMP) trial modifications are underway.

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