The nation’s top ranked servicers completed 66,000 proprietary loan modifications in July, a 40% jump from June, according to a new report from the Hope Now alliance.

The group represents 31 residential servicers including the top five, which agreed to a $25 billion settlement with 49 states to increase their loan modification efforts and provide principal reductions when possible.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.