Browsing: Foreclosures

Mortgage

The share of current and performing first-lien mortgages rose to 94.8 percent for the third quarter of 2016, up from 93.9 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.

Mortgage

Fannie Mae and Freddie Mac have sold 59,629 nonperforming loans as of August, with a total unpaid balance of $11.9 billion, according to the Non-Performing Loan Sales Report released by the Federal Housing Finance Agency today.

Mortgage

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 6 percent in the second quarter, following a first-quarter decline that marked the lowest level since the first quarter of 2008.

Mortgage

The Consumer Financial Protection Bureau today outlined four principles that will guide its discussions on the future of loss mitigation as the U.S. Treasury’s crisis-era Home Affordable Modification Program is phased out at the end of this year.

Mortgage

The percentage of mortgages that were current and performing at the end of the first quarter reached 94.9 percent, up from 94.2 percent a year earlier, according to the Mortgage Metrics Report released today by the Office of the Comptroller of the Currency.