Sixteen lenders, as well as 2,300 participants with Fannie Mae- and Freddie Mac-insured loans, started modifications for less than the national average of 12% of eligible loans, while only eight lenders modified more than 12% of their eligible loans. Last month, thirteen lenders modified fewer loans than the national average, while seven lenders modified more loans than the national average.

Here at Woodstock Institute, we’re tracking the mortgage lenders active in the Chicago area to see how they’re performing on their commitment to reducing monthly payments for distressed homeowners. Check back here every month to see who’s getting better—or worse.