I have constructed a new set of tables HERE that show HAMP loan modification data for the US , Oregon, and Oregon MSA's. (Similar prior post last month is HERE).
- Current Inventories of Permanent Loan Modifications. As of the end of April there was an inventory of 3,419 permanent loan modifications in Oregon.
- Year to Date Increase in Permanent Modifications: Oregon permanent loan modification inventories increased by 2,544, or 291% from January 1 through April 30th. Among MSA's, Portland had the largest numerical increase with 1,719, while Salem and Bend were virtually tied with increases of 248, and 247 permanent loan modifications respectively.
- April Permanent Modifications Up 28% from Prior Month During April the inventory of permanent loan modifications increased by 741, or 28% (from 2,678 at end of March to 3,419 at the end of April). All Oregon MSA's had increases of 20% or more compared to March.
- Trial loan modification inventories continued to decline throughout the state; the end of April trial modification inventory count was 7,097 loans, down 20% from the January 1st trial modification inventory count of 8,888.