Three Non-Prime Servicers Account for 39% of All Permanent HAMP Mods
December 18, 2009
JPMorgan Chase, Ocwen Financial Corp. and Aurora Loan Services accounted for a whopping 38.8 percent of all permanently restructured loans under the Home Affordable Modification Program through November, according to a new Inside B&C Lending analysis. However, most non-prime servicers continue to perform below the industry average for HAMP activity... [Includes two charts]