Monday, October 29, 2012

Fifth Third Mortgage?s HAMP Conversion Exceeds National Average

Fifth Third Mortgage’s HAMP Conversion Exceeds National Average was originally published on Chicago Agent Magazine, the leading source for news and perspective for real estate professionals in the Chicagoland area.

Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 13th largest originator in the country (Inside Mortgage Finance, Second Quarter 2012) continues to outpace the industry in permanent modifications in the government’s Home Affordable Modification Program (HAMP). This is the second consecutive year Fifth Mortgage Company has exceeded the national average. Majority of HAMP Trial Plans Converted Of the mortgage company’s portfolio eligible for HAMP consideration, approximately 82 percent of trial plans have been converted to permanent modifications. According to U.S. Treasury data released through June 2012, that percentage ...

Fifth Third Mortgage’s HAMP Conversion Exceeds National Average was originally published on Chicago Agent Magazine - For the well-informed real estate professional, the leading source for news and perspective for real estate professionals in the Chicagoland area.

Source: http://feedproxy.google.com/~r/chicagoagentmagazine/news/~3/F4fsoF7VV-k/

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