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Loan Modification

: Loan Modification & Home Loan News

Distress through sales rather than loan modification have increased to 48 percent

By Moe Bedard

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Resolutions of distress through sales rather than loan modification have increased to 48 percent of all workouts by dollar volume in the first half of 2010, up from 43 percent in 1H09. More importantly, the dollar volume of resolutions has jumped in recent months, rising from a paltry $3.8 billion in the first half of [...]

Full post as published by Loan Modification & Home Loan News on August 06, 2010 (boomark / email).

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