Eureka Capital Investments
Lucrative opportunities for domestic and international investors
REVITILIZING THE US REAL ESTATE MARKET
one step at a time
Lucrative opportunities for domestic and international investors
OCC and OTS Mortgage Metrics Report
Saturday, May 9, 2009
The office of the Controller of the Currency (OCC) and the Office of Thrift Supervision (OTC) released the mortgage metrics report based on Q4 2008 data.
The percentage of non performing notes increased to 10.05% from 6.66% between the first and last quarter 2008.
Re-default rates of Modified Loans approaches 60% after 6 months of the modification. Read Full Report