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 »Mortgage Delinquencies Drop to 23-Year Low
CoreLogic has released its monthly Loan Performance Insights Report for June 2022, showing that 2.9% of all mortgages in the U.S. were in some stage of delinquency, —30 days or more past due, including those in foreclosure— representing a 1.5 ...
Read More »Lessons Learned From Pandemic Servicing
Subject matter experts from Mr. Cooper, Richey May, Sagent, and The Basis Point discuss the health of America's $12 trillion mortgage servicing industry, asking, “Are we in a golden age of mortgage servicing?”
Read More »U.S. Foreclosure Starts Up More Than 440% Year-Over-Year
That’s according to Black Knight data, which also reported a national delinquency rate of 2.84% in June, with foreclosure starts increasing nearly 30% during the month.
Read More »Delinquencies Find New Low in March, But Will It Last?
According to CoreLogic, the nation’s delinquency rate in the U.S. in March 2022 hit its lowest recorded point since at least January 1999, as found in its latest monthly Loan Performance Insights Report. In March of this year, some ...
Read More »Foreclosure Starts, Completions Up Substantially YoY
On other fronts, April's numbers bucked trends for this time of year, with mortgage delinquencies hitting a “new record low.” Check out the latest data from Black Knight to see what factors are in play.
Read More »The Exchange: The Way Forward
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure trends as borrowers continue exiting forbearance.
Read More »The Storm After the Storm
John Thomas details how does property loss as a result of natural disasters impacts delinquency rates.
Read More »Loan Mod Volume Climbs as Forbearance Exits Continue
In its latest servicer report, Fitch Ratings reports forbearance plans experiencing a near 50% year-over-year drop, while the percentage of loan modifications has quadrupled.
Read More »As Foreclosures Decline, Mortgage Delinquencies Remain Steady
Prepayment activity fell by 8.9% in November to hit its lowest level in 22 months, as rising 30-year rates put downward pressure on refinance volumes.
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