Monthly Archives: June 2010

Mortgage Delinquencies - The Big Picture

Posted on by

By: Carrie Bay 06/25/2010 Mortgage giant Freddie Mae reduced the size of its mortgage portfolio in May, while the delinquency rate of single-family home loans it guarantees stood unchanged from the previous month. According to the McLean, Virgina-based GSE’s monthly … Continue reading →

Fitch Projects Steep Re-Default Rates on HAMP Modifications

Posted on by

By: Carrie Bay 06/16/2010 The government’s Home Affordable Modification Program (HAMP) has been widely criticized for what many say are substandard results, and a new report from Fitch Ratings indicates that even the small successes it’s made so far may … Continue reading →