The California Department of Corporations has just announced what it calls a significant rise in loan modifications during July. This is the monthly reporting related to Gov. Arnold Schwarzenegger's agreement with 10 subprime lenders late last year, promising more effort to help people stay in their homes.
I haven't had time yet to pore over these numbers yet, but here is the link to check it out.
Meanwhile, the governor's task force on nontraditional mortgages has this news release saying Californians are being quicker to ask for help.
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