Black Knight reports that during the month of May, past-due mortgages approached recent record lows as the number of borrowers a single payment past due improved by 94,000.
Read More »Examining Q3 Mortgage Delinquencies
After a recent report found nearly 1.4 million home loans nationwide were in some stage of delinquency, a new MBA report examines how the multifamily side of the housing sector compared during Q3 2022.
Read More »Report: Delinquent Borrowers Finding ‘Alternatives to Defaulting’
“The share of U.S. borrowers who are six months or more late on their mortgage payments fell to a two-year low in August and was less than one-third of the pandemic high recorded in February 2021,” said Molly Boesel, Principal Economist at CoreLogic.
Read More »The Three Cities Where Delinquencies Rose
Even as delinquencies reached all-time lows nationally, here’s why some pockets saw an uptick in default rates, a report found.
Read More »Delinquencies Reverse Course
Mortgage delinquencies defied several trends in April, according to the latest First Look at the month’s mortgage performance data from Black Knight, Inc. April is typically a month that sees an increase in mortgage delinquencies. In fact, historically, delinquencies have ...
Read More »As Hurricane Season Approaches, 2017’s Disaster Impact Lingers
According to CoreLogic’s latest Loan Performance Insights Report, nationwide delinquencies continued to slowly decline, with exceptions in areas still feeling the aftereffects of last year’s brutal hurricane season. As reported by CoreLogic, the 30+ day delinquency rate for February 2018 ...
Read More »Serious Delinquencies Still Elevated in Hurricane-Impacted Markets
The effects of last year’s major natural disasters, including hurricanes and wildfires, have been evident in the housing market in recent months. Disaster-related early mortgage delinquencies have progressed into serious delinquencies in affected markets, according to CoreLogic’s Loan Performance Insights report, ...
Read More »Delinquencies on the Decline
According to the latest installment of CoreLogic’s monthly Loan Performance Insights Report, nationally 5.3 percent of mortgages were in some stage of delinquency during December 2017. That figure includes mortgages in foreclosure. The total is exactly the same percentage as ...
Read More »Mortgage Delinquencies Dip, Foreclosure Starts Spike
Mortgage delinquencies dropped 8.6 percent between December and January, but remained up year-over-year, according to the latest First Look at January mortgage performance data from Black Knight, Inc. Black Knight cites calendar-related effects and a continued decrease in hurricane-related delinquencies ...
Read More »Price Appreciation—Good for Driving Down Defaults
Home price appreciation has been steady every year since prices bottomed out in 2012. While some analysts may point out that this has hurt affordability, since wage growth has largely not kept up, at least one pointed out a positive result of rising prices.
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