A recent post on Housing Wire touted the benefits of using “high-touch” servicing in dealing with homeowners who are behind on their mortgage and headed towards foreclosure.
If you enjoyed this post, make sure you subscribe to my RSS feed!
HOPE NOW reported loan modification numbers just recently, and there’s been an interesting change. What’s been nice in the past is they’ve been relatively consistent in the numbers that they report, as well as how they report them. Previously, it’s been fairly easy to see if loan modification numbers were increasing, decreasing, or treading water.
If you enjoyed this post, make sure you subscribe to my RSS feed!
Three Columbia professors recently issued a proposal to prevent foreclosures through loan modifications. Their idea: pay the servicers an incentive to do them.
If you enjoyed this post, make sure you subscribe to my RSS feed!