Mortgage Modifications Top 3 Million

How many borrowers on the brink of foreclosure received some kind of home mortgage modification from their loan servicer since 2007?

More than 3.7 million, according to the latest tally from Hope Now, a private-sector coalition of major loan servicing companies and nonprofit counseling organizations.

That's a head-spinning number, especially since most of the press coverage on mortgage modifications has focused on a much smaller number: the roughly half a million borrowers who went through the federal Home Affordable Modification Program (HAMP).

Where did all these other modifications come from?