Google+
  • Ocwen39.01-0.20 -0.51%
  • Zillow95.75+1.71 +1.82%
  • Trulia31.90+0.48 +1.53%
  • NationStar32.18-0.29 -0.89%
  • CoreLogic28.57+0.11 +0.39%
  • RE/MAX27.97-0.03 -0.11%
  • Fannie Mae3.82+0.01 +0.26%
  • Freddie Mac3.82-0.01 -0.26%
  • Wells Fargo48.93-0.16 -0.33%
  • CitiMortgage48.22+0.04 +0.08%
  • Bank of America16.15+0.02 +0.12%
  • Auction.com0.00N/A N/A
  • Fidelity National Financial31.29-0.33 -1.04%
  • Black Knight Financial0.00N/A N/A
  • AUDUSD=X0.9327N/A N/A
  • USDJPY=X102.425N/A N/A
  • WP Stock Ticker
To show sotck chart
Home | Tag Archives: Delinquency Rate

Tag Archives: Delinquency Rate

Mortgage Delinquency Rate Drops Below 4%

Mortgage Delinquency Rate Drops Below 4%

TransUnion announced Wednesday that last quarter's mortgage delinquency rate dropped below 4 percent for the first time since 2008. The rate represents borrowers who are 60 days or more delinquent on their mortgage. The Q4 2013 rate of 3.85 percent is a 24.2 percent year-over-year change from the Q4 2012 rate of 5.08 percent.

Read More »

Foreclosure Rate Down to 2.5% at Year-End

Foreclosure Rate Down to 2.5% at Year-End

According to year-end data from Black Knight Financial Services, 6.47 percent of the nation’s mortgages last year were delinquent, down from a peak of 10.57 percent in January 2010. Meanwhile, about 2.48 percent of loans were in some state of foreclosure—a rate about 4.6 times the pre-crisis average.

Read More »

Delinquencies Down Nearly 10% in 2013

Delinquencies Down Nearly 10% in 2013

Delinquencies picked up slightly in December, according to early data released by Black Knight Financial Services (BKFS)--but overall trends indicate 2013 was a year of improvement. As of month-end, BKFS puts the total U.S. loan delinquency rate at 6.47 percent, an increase of 0.26 percent from November. The figure includes loans that are 30 or more days overdue but not in foreclosure. On an annual basis, however, delinquency was down 9.85 percent in 2013.

Read More »

Housing and Mortgage Outlook: Expect Declines in 2014

Housing and Mortgage Outlook: Expect Declines in 2014

Following a year of fast-paced appreciation, Fitch Ratings expects home price gains to slow to a more moderate pace in 2014 in the United States, according to its Global Housing and Mortgage Outlook released Tuesday. The ratings agency also predicts mortgage volume will decline and delinquencies and shadow inventory will decrease, albeit slowly, while liquidation timelines continue to rise.

Read More »

Commentary: What’s in Store for Housing in 2014, Part 1

Commentary: What’s in Store for Housing in 2014, Part 1

Many economists and market observers have suggested the market is poised for continued growth as the recovery enters its third year, and there are positive elements in play that provide some reasons for optimism. Recent loan vintages continue to perform at levels better than historical norms, which has allowed the industry to work through its backlog of distressed assets; foreclosure activity is declining; and housing starts have begun to rise.

Read More »

Freddie Mac’s Mortgage Portfolio Shrinks at Fastest Rate This Year

Freddie Mac’s Mortgage Portfolio Shrinks at Fastest Rate This Year

Freddie Mac's mortgage book of business contracted at an annualized rate of 6.4 percent in October, marking the fourth consecutive month of declines. The book has registered declines in seven of the first 10 months of 2013, according to Freddie Mac's monthly volume summary. October's pace of decline was the highest rate so far this year and is up from a 4.3 percent annualized rate reported for September.

Read More »

Foreclosures, Foreclosure Inventory, Serious Delinquencies All Falling

Foreclosures, Foreclosure Inventory, Serious Delinquencies All Falling

At 48,000, completed foreclosures registered a 30 percent annual decline in October, according to CoreLogic. The industry's foreclosure inventory (2.2 percent) and serious delinquency rate (5.1 percent) also fell. While the declines were significant, CoreLogic pointed out in its report that between 2000 and 2006, completed foreclosures averaged about 21,000 per month and the foreclosure inventory rate was 0.6 percent.

Read More »

Business Declines for Private Mortgage Insurers

A total of 38,908 insurance certificates for borrowers seeking to buy or refinance a home were issued by members of Mortgage Insurance Companies of America (MICA) in October. That number sits lower than most other months of 2013 and is nearly 4,000 less than last October. At the same time, dollar volume on insurance written throughout the month was the lowest since May 2012.

Read More »

As Borrowers Emerge from Underwater, Cloud of Problem HELOCs Rises

The percentage of homeowners who owe more on their mortgages than their homes are worth has declined to less than 12 percent as of the third quarter of this year, according to Lender Processing Services' (LPS) Mortgage Monitor report. While the increasing number of homeowners rising above water is good news for the market, LPS detects some tumultuous seas ahead as a cloud of problem home equity loans forms on the horizon.

Read More »
Scroll To Top