Yes! And No! It seems to be equal parts success/stagnation and failure. There are currently 697,026 in trial modifications, up from 650,994 a month ago. This seems like a lot, but of the 4 million plus people in trouble, it's a small fraction that is growing slowly. Also, these are only trial modifications, meaning that if people don't make the payments on time, or their situation changes, they can get kicked out of the program and back into their old payment plan. That is exactly what has happened to 30,650 mortgage holders. Compare that to the almost equal number-31,382- that have been promoted from trail to permanent modifications. Not that many more successes than failures, and a whole hell of a lot of stagnation.
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