New OTS Mortgage Metrics Report Has Lots of Information on Loan Performance, Including Loan Modifications.

New report for first Qtr 2010 is HERE.  (Permanent link to all OTS Mortgage Metrics reports is in right pane HERE)

A sample HAMP tidbit from 1st Qtr 2010 report:

When compared with modifications overall, HAMP modifications this far have had a lower number of delinquencies at 3 months after modification. At 3 months after modification, 16.7 percent of HAMP modifications were 30 or more days delinquent, compared with 24.6 percent of all modifications. Also at 3 months after modification, 7.7 percent of HAMP modifications were 60 or more days delinquent, compared with 11.3 percent overall. These lower early post-modification delinquency rates may reflect HAMP’s emphasis on the affordability of monthly payments and the requirements to verify income and complete a successful trial period.

Originally created and posted on the Oregon Housing Blog.