A recent survey indicates that most large mortgage lenders are buying delinquent government loans early in the foreclosure process in order to stem losses.

The survey, conducted by Price Waterhouse LLP, found that nine large mortgage banks have an early pool buyout program for Government National Mortgage Association, or Ginnie Mae, loans.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.