A mild month-over-month bump was recorded for residential loan modifications that were done through mortgage servicers’ own proprietary programs.
During February 2017, servicers successfully completed 29,729 loans modifications, including proprietary and Home Affordable Loan Modifications.
Volume rose from 19,850 a month earlier. Loan modification volume also increased from the same month last year, when there were 27,056 completed.
Source: Mortgage Daily