Tag Archives: Delinqiency

Additionally, mortgages more than 90 days past due remained at the lowest level since June 2000. Click through for more information.

The number of delinquent loans is at its lowest number in more than two decades, but the report noted forbearance programs are serving as a “buffer” from “wide-spread foreclosures.”

With unemployment projected to hit 15% during Q2 2020, gauging the impact of COVID-19 is “as much an art right now as a science.”

A new report says that 4.31% of Ginnie Mae loans are in forbearance and that could increase to more than 10%.

Mortgages more than 90 days past due fell below 1%, but serious delinquency rates are still a concern for mortgages originated more than a decade ago.

The total national loan delinquency rate (loans 30 or more days past due, but not in foreclosure) fell to 4.31 percent, a 0.98 percent decline, in February. This is a year-over-year drop from last year of 5.51 percent. Foreclosure sales dropped month-over-month to 1.87 percent, a decline of 16.23 percent, but increased year-over-year by 0.22 percent.