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PDF: Foreclosure Avoidance Research

Download 23 times Source: www.freddiemac.com // Topic: Foreclosure File Size: 219.42 kb // Total of Page: - Page(s) Last download by re4me Last download on: 1 month ago Share this info: Short Desciption: Over half of the borrowers in foreclosure proceedings have had no contact with .... A deed-in-lieu of foreclosure. An assumption of the mortgage ... Content Inside: Foreclosure Avoidance Research © Copyright 2005 Freddie Mac. All Rights Reserved. Purpose & Methodology · Over half of the borrowers in foreclosure proceedings have had no contact with their lender. · Freddie Mac retained Roper Public Affairs, a division of Gfk NOP, to conduct this research to give us insight into the behavior of delinquent homeowners as well as homeowners in good standing. The sample includes 2,031 adult homeowners (age 18-plus). The sample was split into two groups. § Good Standing: Adult homeowners who say they have never been more than one month late on a mortgage payment § Defaulters: Adult homeowners known to be more than one month late on their mortgage payment, from sample provided by Freddie Mac All interviews were conducted by telephone (CATI) from 8/05/05 to 8/18/05. § Interviews were conducted by GfK NOP interviewers at a GfK NOP interviewing facility § Interviews took, on average, 20 minutes to complete The