CoreLogic [1] Loan Insights Report report focuses on U.S. mortgage performance trends. The data gathered is based on mortgage performance health, stages of delinquency as well as transition rates from one stage of delinquency to the next.
In its previous report, data revealed indicated a fall in overall US mortgage delinquency rate in August to the lowest level in more than 12 years. As of August 2018, the report found foreclosure inventory rate – which measures the share of mortgages in some stage of the foreclosure process – was 0.5 percent, down 0.1 percentage point since August 2017.
“With home-price growth building owners’ equity, and the low national unemployment rate providing opportunities for income growth, further declines in U.S. delinquency and foreclosure rates are likely in coming months,” said Frank Nothaft, Chief Economist at CoreLogic.
CoreLogic will release its latest Loan Insights Report on Tuesday, 9 a.m.
Here’s what else is coming in The Week Ahead:
- Black Knight Mortgage Monitor, Monday 9 a.m. EST
- Carrington Mortgage Webinar, Tuesday, 10 a.m. PT
- MBA Mortgage Apps, Wednesday, 7 a.m. EST
- Freddie Mac Primary Mortgage Monitor, Thursday 8 a.m. EST
- Fed Balance Sheet, Thursday, 2 p.m. EST