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Home | Tag Archives: Loan Modifications

Tag Archives: Loan Modifications

Mortgage Performance Improves Across the Board For Eight National Banks

mod-app-approved

Foreclosure activity declined substantially year-over-year in Q1. The number of properties in the process of foreclosure as of the end of the quarter dropped down to 299,424, a decline of 30.8 percent from the same quarter a year earlier. The nearly 300,000 loans in the process of foreclosure during Q1 comprised about 1.3 percent of the loans in the portfolio.

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