Deferred Principal Outstanding & Recovery Rates
Three of the major trustees provide loan level deferred balance data. HAMP’s Principal Reduction Alternative (PRA) modifications make...
Loan Modifications – Who can you trust?
Don’t be misled by anyone quoting Intex’s forbearance numbers. Why? Our research has discovered that for some deals, their forbearance...
HAMP - Principal Forgiveness and Interest Rate Step-ups
Some thoughts on two important topics: The Principal Reduction Alternative (PRA): part of the Home Affordable Modification Program...