Content about Loan modification in the United States

May 18, 2012

A May 16 report from the Mortgage Bankers Association added another bright note to the housing market, with the percentage of U.S. homeowners behind on their mortgages falling to the lowest level since 2008. The delinquency rate for residential mortgage loans decreased 7.4% during the first quarter of 2012.

Foreclosures are not improving at the same rate, however. The percentage of loans in the foreclosure process as of March 31 was 4.4%, relatively unchanged from the previous quarter and down one basis point from 4.5% a year ago.

September 25, 2008

Sales in August reflected higher interest rates, which have lowered following the government takeover of...

February 13, 2008

More than half of U.S. metro areas saw declines....

December 6, 2007

Builders said the “loan modification program” will help spur a quicker recovery of the housing...

November 27, 2007

The National Association of Realtors reported that while single-family existing-home sales were steady, condo sales...

September 24, 2007

“Unusual” disruptions in the mortgage market, including a significant rise in jumbo loan rates, caused...

August 26, 2007

The median price for an existing home fell 0.6 percent to $228,900....

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