More Homeowners Delinquent on Mortgage Payments
Posted December 6th, 2008 by adminThe FDIC and many mortgage lenders are focusing their attention on foreclosure prevention remedies through loan modifications, short sales and forbearance. For prime loans at fixed rates, 0.34 % entered foreclosure proceedings in the quarter. For bad credit mortgage loans with adjustable rates, often cited as the catalyst to the financial crisis, 6.47 % of [...]
Tags: foreclosure prevention, loan modification
Filed under:Foreclosure Articles

