Jul
01
2009
OCC and OTS Release Mortgage Metrics Report for First Quarter 2009
Posted by in Mortgage Loan NewsNews Sources wrote an interesting post today on
Here’s a quick excerpt
by Moe Bedard on July 1, 2009 · 0 commentsin occ WASHINGTON — Delinquencies and foreclosures on first-lien mortgages continued to increase during the first quarter of this year, but loan modifications also increased and the trend continued toward more sustainable modifications with lower monthly payments, according to a report issued today by the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS).The report, based on data from loan servicing companies that
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