Senate Banking Democrats urge Paulson to press harder for subprime ...
Story date: 2007-10-17 01:40:00
Added on: 2007-10-17 14:31:53
CNBC - Those loans that had reset without modifications had delinquency rates as high as 15 percent." The letter said the Moody's survey also found that large mortgage servicers are passive in their effort to reach out to borrowers. It also said a ...
Read more...
Related Stories:
-
FDIC Loss Sharing Proposal to Promote Affordable Loan Modifications (Washington Post)
Background Although foreclosures are costly to lenders, borrowers and communities, the pace of loan modifications continues to be extremely slow (around 4...
2008-11-13 11:28:06 -
NWMLS Responds to Mortgage Fraud - Seattle Post Intelligencer Blogs
"If Buyer requests modifications and/or repairs, this Form 35R and any other addenda or notice pertaining to the modifications and/or repairs and...
2008-07-30 05:54:00 -
Delinquency rates on loans are rising (Autonet.ca)
DETROIT - Rising delinquency rates on car and truck loans have some industry analysts concerned that subprime mortgage troubles could spill into...
2007-11-20 09:48:02 -
Mortgage delinquency rate rises to 5.12 percent (Battle Creek Enquirer)
The delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 5.12 percent of all loans outstanding in the second quarter...
2007-09-08 06:12:02 -
US mortgage modifications increased in 3rd-qtr - report - Reuters
NEW YORK, Oct 27 (Reuters) - U.S. mortgage companies increased the number of loans modified to easier terms by 17 percent from...
2008-10-27 10:09:00 -
Number of foreclosures 60 percent higher than home-loan modifications ...
CNBC - The trade group, which conducted a survey of companies that collect payments for more than 60 percent of outstanding U.S....
2008-01-17 08:35:00 -
Florida delinquent residential loans up
MSN MoneyCentral - The delinquency rate for mortgage loans on residential properties -- both prime and subprime -- in Florida increased in...
2007-12-06 01:07:00 -
HSBC hit by rise in US bad loan charges
MSN MoneyCentral - Stephen Green, chairman, said that problems with bad debts were spreading from the mortgage business to other loans, such...
2007-11-14 03:06:00