Valuation
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IndyMac Modifications Outperform Industry Redefault Standard
Jul 23, 2009Months after IndyMac Federal Bank failed a year ago, the Federal Deposit Insurance Corp. (FDIC) implemented a streamlined modification program to improve the performance of seriously delinquent or defaulted mortgages. As of May 31, 2009 the redefault rate among modified IndyMac Federal Bank (IndyMac) loans was 15.6%. The bulk of these modifications took place in Q408 — as early as September 2008, according to FDIC spokesperson David Barr — indicating many of these loans are at least six months past modification.
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Encompass Upgraded to Access Lender Online Data
Jul 23, 2009 -
SigniaDocs Expands Electronic Modifications
Jul 20, 2009 -
Servicer Launches Borrower-Targeted Foreclosure Prevention Site
Jul 20, 2009 -
FTC Cracks Down on Modification Scams
Jul 15, 2009 -
Home Affordable Trials Slow April Modifications
Jul 15, 2009 -
Veros Gets Compliant with Freddie’s Guidelines
Jul 15, 2009 -
First American Launches HAMP Upgrade to VendorScape
Jul 14, 2009 -
Freddie’s HVCC Guidelines Stir Controversy
Jul 14, 2009 -
Boston Fed Finds Lenders Prefer Foreclosure
Jul 09, 2009 -
Home Prices Post First Quarterly Gain Since 2006
Jul 09, 2009 -
Fiserv’s Servicing Platform Now Serving Home Affordable Mods
Jul 08, 2009
