Settlement

There were 30,000 permanent loan modifications completed in February
There were 30,000 permanent loan modifications completed in February, up from 29,000 in January, according to new data from HOPE NOW. Within the total number of modifications, an estimated 20,000 were through proprietary programs and 9,445 were completed via HAMP.   During February, there were... Keep Reading....
The Federal Housing Finance Agency (FHFA) has reported that 13,220 borrowers refinanced their mortgages through the Home Affordable Refinance Program (HARP) during the fourth quarter of 2016
The Federal Housing Finance Agency (FHFA) has reported that 13,220 borrowers refinanced their mortgages through the Home Affordable Refinance Program (HARP) during the fourth quarter of 2016, while the number of total refinances in the final three months of last year was 750,769.   Furthermore, 27... more
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater—where the combined loan amount secured by the property was at least 25 percent higher than the property’s estimated market value—at the end of 2016, a... more
The total U.S. loan delinquency rate for December was 4.42 percent, down 0.91 percent from November and down 7.49 percent from one year earlier, according to new data from Black Knight Financial Services (BKFS). There were 59,700 foreclosure starts last month, a 1.16 percent drop from a month... more
November 2016 saw a total of approximately 107,000 total loan modifications, short sales, deeds in lieu and workout plans compared to an estimated 21,500 foreclosure sales, according to new data from HOPE NOW. Included in that total solutions figure were an estimated 29,000 permanent loan... more