Finding May Ease Concerns That Borrowers Would Fall Behind on Loan. Cutting financially troubled borrowers’ monthly mortgage payments by more than 10% reduces the chances that they will fall behind again after their loan is modified, a study found…The report could help allay concerns that scores of borrowers whose loans are reworked will fall behind again on their mortgages, leading to higher losses for lenders and investors who hold these loans.
By Ruth Simon, April 3, 2009

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