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Loan Modification

: The Truth About Mortgage.com

2.1 Million Mortgages 90+ Days Late But Not in Foreclosure

By scot184

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It’s quite evident that the foreclosure backlog is growing, as 2.1 million mortgages are at least 90 days late, but not yet in foreclosure, according to the December Mortgage Monitor report from Lending Processing Services. The company noted that while loans in this category have declined, the number of loans moving to seriously delinquent status [...]

Full post as published by The Truth About Mortgage.com on February 08, 2011 (boomark / email).

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