"The slight uptick in economic risk from 2022 Q3 to Q4 was offset by a decrease in borrower and underwriting risk, leading to the overall default risk remaining flat," said Jonathan Glowacki, a principal at Milliman.
Read More »Strong Jobs Market Forces Down Delinquencies and Foreclosures in 2022
According to CoreLogic, foreclosure rates remained near record lows to close out 2022, as healthy employment numbers helped borrowers remain current on their payments.
Read More »Mortgage, Delinquencies Snapshot as 2022 Wrapped Up
According to Black Knight, mortgage delinquencies were up seven basis points month-over-month but down 9% year-over-year. Also, prepayments fell for the third straight month.
Read More »Mortgage Delinquencies Top 3%, Foreclosure Starts Up 19% Month-Over-Month
However, November’s total of starts still trails highs seen in June 2022 and remain well below pre-pandemic levels.
Read More »Prepayments Fall; Foreclosures Rise
Black Knight’s first look at month-end data for October 2022 found prepayment activity reaching a new low.
Read More »Delinquency Rate Finds New Low
“For the second quarter in a row, the mortgage delinquency rate fell to its lowest level since MBA’s survey began in 1979,” said Marina Walsh, MBA’s VP of Industry Analysis.
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 »Prepayment Activity Falls to 20-Year Lows
Black Knight’s latest data also breaks down shifts in delinquency rates, foreclosure starts, and more. Click here to read what BK reports.
Read More »Delinquencies Still Well Below Pre-Pandemic Levels—When Will That Change?
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for August 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate fell to 2.79% ...
Read More »Are Delinquency Numbers Stabilizing?
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per ...
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