All with the ultimate goal in mind...Avoid Foreclosure.
But, Really, Lookie Here:
Short-Sales completed since December 2009 ~ 1,013,565
HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, also stated that the industry has seen 5.75 million loan mods.
Between the Short-Sales and Loan mods, 6.77 Million in avoiding foreclosure for American homeowners.