I was over on the new Mr. Mortgage site reading his latest post. It in line with everything else I've posted lately about the rising amounts of foreclosures, the increasing defaults and reasons for it. He has compiled tons of data showing the amount of REO's, NOTs, and NODs by lender. He also has a chart I found particularly interesting. It shows the re-defaults by lender. The loan modifications that are going bad. Some of the numbers are shocking even for me. Countrywide loan mods gone bad (for loans were the initial loan was delinquent) are running 80%. Go read the entire post, it's another good one.
