By Brian Honea
Loan modifications facilitated through the government’s Home Affordable Mortgage Program (HAMP) have historically re-defaulted at a lower rate than proprietary loan modifications, but HAMP mods facilitated in 2014 began re-defaulting at a higher rate than those modified in the two previous years, according to Black Knight Financial Services’ November 2014 Mortgage Monitor released on Monday.
The post Recent HAMP Loan Mods Re-Defaulting At Higher Rates appeared first on DSNews.
Via:: Recent HAMP Loan Mods Re-Defaulting At Higher Rates
Responses