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Mortgage Performance Holding Strong – DSNews

High performance of first-lien mortgages and declining foreclosure activity spelled a healthy servicing market for the first quarter of 2016 and a decreasing need for new loss-mitigation actions, according to the Office of the Comptroller of the Currency’s (OCC) newest quarterly report on mortgages.   The report showed that 95 percent of mortgages at the
IMPORTANT: The text in this website and product(s) sold on this website do not substitute for legal advice. Nor does the text substitute for real estate, financial, tax, bankruptcy or other professional advice. Loan Modification Key® and its owner(s) cannot and do not guarantee results from any lender or servicer. Loan Modification Key® and its owner(s) do not represent any loan modification program or governmental program. Loan Modification Key® and its owner(s) do not represent any government agency. The text herein represents information, opinion and expertise gathered in the last several years' experience in the mortgage industry. Loan Modification Key® is a non-profit 501 (c)(3) tax-exempt organization.
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