Loan mods don't halt defaults Premium Content

OCC: more than half re-default in six months

Inman News®

Nearly six out of ten troubled borrowers who were able to negotiate loan modifications during the first quarter re-defaulted after eight months, Comptroller of the Currency John C. Dugan said today.

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year

Buy Now

Share with REmessenger