Browsing the archives for the loan modification tag
Came across this blog post today which purports the size of the HAFA market is an astonishing 2.8 million properties! The breakdown as provided in that blog post: 7.5 MM borrowers that are 60+ days delinquent or in some stage of foreclosure (LPS Mortgage Monitor Report, Feb ’10) 2.0 MM are the foreclosure “inventory” (MBA [...]
Today’s article comes to us courtesy of DSNews.com According to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, short sales accounted for a substantial 15.9 percent of home purchase transactions in January. This was well above the share of other distressed property activity – with damaged REO accounting for 13.4 percent [...]
