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Loan Modification

: Loan Modification & Home Loan News

Increase in Number of Mortgage Holders Not Making Repayments

By Moe Bedard

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(Source: Irish Times) - Defaults among mortgage holders increased during January, according to the latest analysis by Moody’s.No repayments had been made for 360 days or more on 1.82 per cent of the residential mortgages studied by the ratings agency – which it uses as a proxy for default. This was up from 1.65 per [...] read more

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Full post as published by Loan Modification & Home Loan News on March 18, 2011 (boomark / email).

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