Home / Tag Archives: First Mortgage

Tag Archives: First Mortgage

Default Rates Decline Again in May

Short Sales

The national default rate declined again from the previous month, according to data through May 2014 released by the S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices. The indices offer a comprehensive measure of changes in consumer credit defaults.

Read More »

Default Rates Decline in April to Lowest Post-Recession Rate

Data through April 2014 showed a decline in the national default rate from March, according to S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices. The indices are a comprehensive measure of changes in consumer credit defaults, released monthly. The national composite default rate recorded its lowest post-recession figure of 1.11 percent in April.

Read More »

First Mortgage Balances See Largest Increase in Six Years

Equifax announced its latest National Consumer Credit Trends report on Monday, which showed that the total balance of first mortgages increased by 2.8 percent from last year. The report found the balance increase was the largest year-over-year increase since September of 2008.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.