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Loan Modification

: Loan Modification & Home Loan News

Mortgage delinquencies drop, as foreclosures jump during previous quarter

By Evan Bedard

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A government report Friday said the number of seriously delinquent mortgages fell in the second quarter for the first time in more than a year, reflecting a surge in completed foreclosures as well as lower monthly payments as homeowners negotiated loan modifications. But while the fall in serious delinquencies ? mortgages that are 60 or [...]

Full post as published by Loan Modification & Home Loan News on September 27, 2010 (boomark / email).

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