US Treasury Adds Servicers To Loan Modification Program
WASHINGTON (Dow Jones)– The U.S. Treasury Department has added to new servicers to a roster of those working on a large-scale government mortgage loan modification effort.
The Treasury Monday said Wachovia Mortgage and Bayview Loan Servicing both have joined the effort. Bayview could receive incentives of nearly $45 million by participating in the program. Wachovia could receive incentives of more than $634 million.
