The calm before the storm: Act now to mitigate risk from upcoming mortgage modification resets

November 2013
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The calm before the storm: Act now to mitigate risk from upcoming mortgage modification resets

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This paper discusses the upcoming mortgage servicing modification resets and what actions mortgage services companies should consider to prevent costly defaults and remain competitive in the marketplace.

Mortgage servicers currently hold 6 million modified mortgage loans, a potentially volatile portfolio that could become increasingly unstable over the next several years as loan modifications begin to reset. The resets will begin as early as 2014.

This paper discusses the upcoming modification resets and what companies should start thinking about doing to prevent costly defaults and give your organization an advantage in a tightly competitive marketplace.