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Roll Rates Steadying?

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NEW YORK-Since the 1970s, the share of loans that are 30 days late during one quarter that roll into foreclosure during the following quarter has risen steadily - until recently, when roll rates began to skyrocket. But now they may be steadying.

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Interpreting the $25B Mortgage Settlement
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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17th Annual Best Practices in Retail Financial Services Symposium
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