HOPE NOW released its final 2010 loan modification data. The group estimated that 1.76 million homeowners received permanent, affordable loan modifications from mortgage servicers in 2010.

The reported data for December shows that for 2010 mortgage servicers completed roughly 1.24 million proprietary loan modifications for homeowners and 512,712 Home Affordable Modification Program (HAMP) modifications, which both totaled around  1.76 million.

This compares with 1.24 million total loan modifications in 2009, which included 66,938 permanent HAMP loan modifications.

The December data specifically showed that in 2010  60+ day delinquencies totaled 2.87 million, which represented a 30% decrease from the December 2009 figure of 4.13 million.

Meanwhile, total permanent loan modifications were around 1.76 million, compared with 1.24 million in 2009. 

Loan modifications with reduced principal and interest payments accounted for roughly 81% (1 million) of all proprietary modifications. The fixed-rate modifications (initial fixed period of five years or more) comprised 84% (609,000) of all proprietary modifications.

Completed foreclosure sales were roughly 1.07 million, compared with 947,000 in 2009. The 60+ days delinquencies for December 2010 were 2.87 million, which equalled a 30% dip since December 2009 (4.13 million).

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