Loan Modifications Fall in October

More homeowners received HAMP loan modifications in October but a larger decrease in proprietary loan modifications lead to an overall decline according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors.

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Mortgage Applications Continue to Decline

Mortgage application volume continued to decline last week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 20th, 2013.

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