Mortgage Performance Continues to Improve

March 24, 2017 Brian Honea

Foreclosures, loan modifications, and forfeitures have been on a decline for a couple years, according to a report form the Office of the Comptroller of the Currency. The amount of completed foreclosures dropped from 2 years ago by almost 19,000, while deed-in-lieu-of-foreclosure actions have dropped from 1.2 thousand to 0.8 thousand, Home forfeiture actions in total decreased by 32.3 percent year-over-year.

The post Mortgage Performance Continues to Improve appeared first on theMReport.com.

Previous Article
A Tipping Point
A Tipping Point

With proposals to privatize Fannie Mae and Freddie Mac popping up as part of an overall housing makeover, g...

Next Article
Current LOS Systems Somewhat Lacking
Current LOS Systems Somewhat Lacking

Technology report says that current loan origination systems (LOS) are not adequate for the coming age of t...