The U.S. Department of Housing and Urban Development has released the August Housing Scorecard. Included in the report are detailed assessments of the 10 largest mortgage servicers participating in the Making Home Affordable (MHA) Program with results from the second quarter of 2011. According to HUD, in addition to providing greater transparency about servicer performance in the program, the servicer assessments are intended to set a new industry benchmark for disclosure around servicer efforts to assist struggling homeowners, while prompting them to correct identified deficiencies.

The August Scorecard shows the housing market remains fragile as data through July paint a mixed picture of recovery. Home prices as reported by S&P/ Case-Shiller and FHFA were up for the third consecutive month in July after several previous months of decline. Foreclosure starts and completions continued a downward trend, as mortgage aid programs are helping homeowners, although some of the decline remains due to lender processing issues delaying some foreclosure actions. The fragility of the market is underscored by the fact mortgage delinquencies rose slightly in July.

“Given the current fragility and recognizing that recovery will take place over time, the Administration remains committed to its efforts to prevent avoidable foreclosures and stabilize the housing market,” said Treasury Assistant Secretary for Financial Stability Tim Massad.

You can view the entire report on the HUD website.