Lies, Damned Lies, and Loan Modification Statistics
Thursday, July 2nd, 2009In another answer to “How successful are loan modifications?” First Federal of California reported its loan modification statistics. According to Housing Wire, “The national average for a 30-day delinquency rate on modified loans is 63.3%, whereas First Federal is 29.8% on loans adjusted in the Q108.”
If you enjoyed this post, make sure you subscribe to my RSS feed!