Residential servicers completed just 13,850 HAMP modifications in September compared to 60,600 proprietary restructurings, according to recent figures released by the Treasury Department. 

Overall, Treasury reported that servicers completed 47,100 Home Affordable Modification Program restructurings in the third quarter, down slightly from 49,950 in 2Q.  

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry