Hi Everyone,
Here’s the follow up from today’s class. We spent several minutes reviewing the changes to the Home Affordable Modification Program that were announced by the Treasury this morning.
Here’s the HAMP Fact sheet.
Here’s a nice summary post from my favorite econ and finance blogger, CalculatedRisk.
Here’s a link to the Making Home Affordable start page.
I’ve written a [...]
Hi Everyone,
Here’s the follow up from class.
There was a request for recent delinquency stats. These numbers appear in four different posts:
Option ARM Recast/Reset Update but what about prime loans? Here you go:
We should also check on the re-default rate of loan mods and the HAMP program.
Here’s the latest report from TransUnion showing delinquencies over 10%.
Jumbos aren’t [...]
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