The federally approved program that encourages mortgage modification has hit an initial target goal according to reports.  The initial target goal of about 500,000 mortgage modifications has been set according to reports. 

The program has set the overall goal of nearly 4 million mortgage modifications to occur.   The program has a lot of ways to go,  however some people feel that the recent results show a positive step in the right direction.  It will take many more months to determine if the program was a real success by preventing many individuals from losing their homes.

If you are facing foreclosure, contact the Maryland mortgage modification attorneys of Chaifetz & Coyle, PC at 443-546-4608.