Tag Archives: Lenders and Servicers

New Jersey Governor Phil Murphy signed into law a “bipartisan legislative package” as the state works to decrease its ongoing elevated foreclosure rate.

The total national loan delinquency rate (loans 30 or more days past due, but not in foreclosure), spiked 13 percent from in April from March putting a little over 2 million properties past due. However, according to experts, there is no need for alarm. The rise is primarily due to the calendar with April ending on a Sunday.