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Loan Modification

: The Truth About Mortgage.com

Delinquencies Down, but Foreclosures Up and Loan Mods Performing Poorly

By scot184

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Mortgage delinquencies fell for the first time since 2008, but foreclosures are on the rise and loan modifications are re-defaulting at a seriously high rate, according to the OTS Mortgage Metrics Report released today. Mortgages in all stages of pre-foreclosure (such as 30+ day lates, 60+ day lates, and so on) on all types of loans [...]

Full post as published by The Truth About Mortgage.com on June 23, 2010 (boomark / email).

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