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The Week Ahead: Anticipating Mortgage Loan Performance

CoreLogic, a global property information, analytics, and data-enabled solutions provider, will be releasing its Loan Performances Insights Report early next week. The report is scheduled for release on Tuesday, 9 a.m. ET, and may shed some light on how Hurricane Florence and other recent extreme weather conditions are impacting the mortgage industry.

CoreLogic’s last Loan Performance Insights Report, released at the end of August, showed that 4.2 percent of mortgages nationwide were either 30 days past due or already in the process of foreclosure. This represented a slight 0.3 percentage point decrease in the overall U.S. delinquency rate compared to the same time last year; early-stage delinquencies dropped 0.1 percentage point within the same time. Florida was shown to be the only state posting an annual increase in its delinquency rate, while certain regions of California suffering from raging wildfires were beginning to become a source of concern for mortgage delinquencies there.

Here’s what else is coming in The Week Ahead:  

  • MBA Mortgage Applications, Wednesday, 7 a.m., ET
  • Fed Balance Sheet, Thursday, 4:30 p.m. ET
  • Stern & Eisenberg Webinar on Pennsylvania Inheritance Tax Issues, Thursday, 2 p.m. ET
  • Q3 Earnings for Chase, Wells Fargo, Citi, Friday, 8 a.m. ET

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