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Home » Store » News » Alt A Loss Mitigation a Mixed Bag for Thrifts

Alt A Loss Mitigation a Mixed Bag for Thrifts

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Alt A delinquencies fell slightly at major thrifts in the first quarter of 2008, though the borrowers consistently received the lowest number of new loan modifications during the period. The Office of Thrift Supervision surveyed Countrywide Financial, IndyMac, Merrill Lynch, Wachovia and Washington Mutual. The servicers handled 11.4 million first lien residential mortgages...
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