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Tag Archives: Loan Modifications

Loan Modification Activity Creeps up in March

HOPE NOW, a group focused on keeping distressed homeowners in their homes, reported they had successfully completed roughly 133,000 modifications in the first quarter of 2014. Of the reported total, approximately 41,000 permanent modifications were from the Home Affordable Modification Program (HAMP).

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Loan Modifications Remain Stable in February

HOPE NOW, a private sector alliance of mortgage servicers, investors, mortgage insurers, and non-profit counselors, released its February 2014 loan modification data. The group reported that an estimated 42,000 homeowners received permanent modifications in the month, including modifications from proprietary programs and the government's Home Affordable Modification Program (HAMP).

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Fannie Mae Reports Decline in Business

The monthly volume summary issued by Fannie Mae reported further contraction in its book of business for the second time this year and the third in as many months. The book’s total value was approximately $3.15 trillion.

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