Bank of America completed more permanent HAMP loan modifications in April than CitiMortgage, JPMorgan Chase, and Wells Fargo & Co. combined. A new tally of the Home Affordable Modification Program released by the Treasury Department shows that B of A completed 23,500 HAMP modifications, compared to 8050 for Chase, 6100 for CitiMortgage and 6080 by Wells Fargo. Overall, HAMP servicers completed 68,300 permanent modifications in April, compared to 60,600 in the previous month.
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