Tag Archives: 60-days past due

Delinquencies were up moderately across the board, as inflows and rolls to later stages of delinquency rose, while cures from both early- and late-stage delinquency improved.

CMBS See Large Uptick in Delinquencies Compared to Other Investor Groups

Despite the improvement in delinquencies, foreclosure starts rose to 33K in October, hitting their highest levels in 18 months.

ICE data shows a year-over-year rise of 13 basis points year over year, marking only the second—and largest—annual increase in the past 2.5 years.

According to the latest Loan Performance Insights Report, 16 metro areas posted slight annual delinquency upticks. With hurricane season in full swing, some areas of the U.S. could see typical seasonal delinquencies rise later this year and into 2024.

August 2023’s Foreclosure Market Report, curated by ATTOM Data, showed that there was a total of 33,952 residential real estate properties with foreclosure filings against them, a number that jumped 7% from July but decreased by 2% year-over-year.

Click through for the latest updates on mortgage performance data, including breakdowns of the national delinquency rate, foreclosure inventory, and more.

According to Black Knight, the number of serious delinquencies (90-days or more past due) dropped to 471,000 units, the lowest reported since August 2006, a 27% year-over-year drop.

CoreLogic reports that U.S. loan performance remains resilient, with delinquencies and foreclosures lingering near record lows, and the national overall delinquency rate increasing slightly from March to April.

Early-stage delinquencies (borrowers 30 days late) bore the brunt of the rise, increasing by 200K (+25%), which matches the impact of previous similar calendar-related events.