HAMP Loan Mods Have Lower Redefault Rates

27 Sep 2010

The redefault rate on loans modified under the government’s Home Affordable Modification Program is half that of workouts performed outside HAMP, according to a report by the Office of the Comptroller of the Currency and the Office of Thrift Supervision.

The redefault rate on loans modified under the government’s Home Affordable Modification Program is half that of workouts performed outside HAMP, according to a report by the Office of the Comptroller of the Currency and the Office of Thrift Supervision. The report found 11% of HAMP-modified ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.