PDA

View Full Version : Mortgage Redefaults Fall in Third Quarter After Larger Payment Reductions - Bloomberg



NewsWhore
12-21-2011, 12:20 PM
<img alt="" height="1" width="1" />
Mortgage Redefaults Fall in Third Quarter After Larger Payment Reductions (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGfwDBC94G0-6YmetB0LORLUbYIHA&url=http://www.bloomberg.com/news/2011-12-21/mortgage-redefaults-fall-in-third-quarter-after-larger-payment-reductions.html)
Bloomberg
Homeowners whose mortgage payments were changed under a program aimed at reducing foreclosures redefaulted at a slower rate after lenders gave more generous modifications, the US Comptroller of the Currency said today. About 18 percent of modified ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=ds2boCaruvi9PLM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGfwDBC94G0-6YmetB0LORLUbYIHA&url=http://www.bloomberg.com/news/2011-12-21/mortgage-redefaults-fall-in-third-quarter-after-larger-payment-reductions.html)