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Loan Modification

: The Truth About Mortgage.com

Prime Mortgage Defaults Jump During First Quarter

By scot184

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Defaults on prime mortgages increased 20 percent during the first quarter of the year, according to the latest Mortgage Metrics Report released today by the OCC and OTS. Prime mortgages, which represent about two-thirds of all mortgages covered by the agencies, saw their 60 day plus delinquency rate climb to 2.9 percent. At the same time, loan [...]

Full post as published by The Truth About Mortgage.com on June 30, 2009 (boomark / email).

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