Unhappy Housing – Mortgage Metrics Report Released

The OCC & OTC have issued a report on . These are some astounding numbers on just how many homeowners are in big trouble: The report, based on data from servicing companies that manage 64 percent of all first-lien U.S. , shows: The number of modifications significantly increased. During the quarter, servicers implemented 185,156 new modifications, up 55 percent from the previous quarter and 172 percent from the first quarter of 2008.  

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