Sentences with phrase «delinquent mortgage volume»
Lenders both big and small are looking at the option of moving delinquent mortgage volume to component, or specialty, servicers.
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Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).
Some local homeowners who are delinquent on mortgages entered HAMP trial programs and went through a county court foreclosure - mitigation program, which aims to reduce volumes of repossessed homes.