Items Tagged with 'modification'

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Mortgage Modifications Improve Loan Performance

Consumers with mortgage modifications outperform those without on new loans.
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Consumers who default only on their mortgages are better risks than those with multiple delinquencies.
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Demand for Loan Modifications Continues

CUs are finding creative ways to adjust member debt payments during tough times.
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Although the economy and housing markets show signs of improvement, many CUs face a slew of requests from members to modify loans and consumer debt, particularly mortgages.
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