The Treasury Department late Friday issued its first ever scorecard on HAMP second lien modifications, noting that from April of last year to February, servicers restructured 17,000 junior liens.

Once a borrower is approved for a permanent HAMP modification on a first mortgage they automatically are eligible for a second lien modification — but only if one of the 17 participating 2MP servicers owns the second. Some of the largest second lien holders — Bank of America and Wells Fargo & Co. — are 2MP participants.

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