Loss Mitigation
Latest Posts
Countrywide Sees Funding Activity Drop 44 Percent; Delinquencies Continue to Head Upward
Oct 11, 2007Countrywide’s operational results for September 2007 are out today, and show that the nation’s largest lender continues to ratchet operations downward. Mortgage loan fundings for the month of September 2007 totaled $21 billion, a 44 percent decline from September 2006, while foreclosures and delinquencies continued to rise. From the press release:
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Mortgage Market Roundup, Oct. 5
Oct 05, 2007 -
Say It With Me: Recidivism
Oct 02, 2007 -
Countrywide Touts Loan Mods
Sep 24, 2007 -
Federal Banking Regulators Encourage ‘Proactive’ Loss Mitigation Strategies
Sep 04, 2007 -
The NY Times Misses the Mark — Badly — on Loan Modifications, Countrywide
Aug 23, 2007 -
NeighborWorks CEO: Loan Modifications Critical to Solving ‘Foreclosure Crisis’
Aug 23, 2007 -
Conference Looks to Target Defense Litigation for Subprime Lenders/Servicers
Aug 13, 2007 -
‘Subprime Flu’ Heads to Australia; Who’s Holding the Bag?
Jul 19, 2007 -
Countrywide Sees More Growth; Pending Foreclosures Reach Record High
Jul 16, 2007 -
Much Ado About Nothing: Wall Street Weighs In on Subprime Loan Mods
Jun 06, 2007