Market update June 17, 2015: Residential price index and loan modification data

FNC released its residential price index:

• The national residential price rose 1.2 percent in April 2015 from March 2015.
• The 30-MSA composite rose 1.4 percent in April 2015 from March 2015.
• The 10-MSA composite rose 1.7 percent in April 2015 from March 2015.

HOPE NOW released its April 2015 loan modification data:

• Approximately 44,000 loan modifications were completed in April 2015 vs. 43,000 in March 2015, representing a 3 percent increase.
• Approximately 8,300 short sales were completed in April 2015 vs. 8,300 in March 2015.
• Approximately 2,000 deeds in-lieu were completed in April 2015 vs. 1,900 in March 2015, representing a 5 percent increase.
• Approximately 59,000 foreclosure starts were filed in April vs. 78,000 in March 2015, representing a 24 percent decrease.
• Approximately 32,000 foreclosure sales were completed in April vs. 31,000 in March 2015, representing a 1 percent increase.
• Approximately 1.78 million serious delinquencies were tracked in April vs. 1.81 million in March 2015, representing a 2 percent decrease.

Email market updates to press@inman.com.