REAL Trends Updates

Loan modifications lead to fewer mortgage insurance claims

Mortgage insurance claims filed by servicers on defaulted loans are showing signs of tapering off, according to data released by the risk analysis and due diligence firm Clayton Holdings. Clayton's analysts attribute the decline to the increase in servicers' foreclosure prevention initiatives and fewer loans moving into REO status. The company also noted that the time from claim filing to payment...  This content only available to REAL Trends Members. Please log in below.