March 14, 2012 (Chris Moore)
Mortgage loan application volume fell for the fifth consecutive week on a seasonally adjusted basis as a dwindling number of refinance loan applications continued to contribute to the overall decline according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2012.
Continue reading “Mortgage Application Volume Falls, HARP 30 Percent of REfi’s”
September 7, 2011 (Jeff Alan)
Loan modifications made by Fannie Mae and Freddie Mac declined for the fourth consecutive quarter as foreclosure prevention actions under the governments HARP program exceeded those under HAMP according to the Federal Housing Finance Agency’s (FHFA) Second Quarter Foreclosure Preventions and Refinance Report.
Continue reading “2Q Loan Modifications Drop but Loan Performance Improves”