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Loan Modification

: Loan Modification & Home Loan News

Mortgage defaults fall as short sales rise

By Moe Bedard

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Even as the economic recovery sputters, the mortgage crisis that helped trigger the recession appears to be easing. Mortgage defaults in California have fallen to their lowest level in three years, market research group MDA DataQuick said Wednesday. Some of the drop-off may reflect an increase in short sales, in which troubled homeowners sidestep the [...]

Full post as published by Loan Modification & Home Loan News on July 23, 2010 (boomark / email).

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