Tag Archives: Delinquencies

Delinquencies, foreclosures, and homes in negative equity all dropped over the last quarter and the last year, according to new data. But just how much have they dipped and why?

The June 2017 First Look at Mortgage Data revealed mortgage delinquencies aren’t following normal seasonal patterns—but it’s a good thing. Read on to see what they’re doing.

The total national loan delinquency rate (loans 30 or more days past due, but not in foreclosure), spiked 13 percent from in April from March putting a little over 2 million properties past due. However, according to experts, there is no need for alarm. The rise is primarily due to the calendar with April ending on a Sunday.

The report found that the U.S. loan delinquency rate is on the decline and foreclosure starts are over 70,000.

A rebound is underway that affects consumers and lenders positively. but Experian states that even with this positive outlook, though, consumers and lenders still should proceed somewhat cautiously.

The national delinquency rate rose in July; what were the factors that contributed to this upswing?

Amid a household debt increase of $35 billion in Q2 and the mortgage sector’s share of that debt declined from a huge spike in Q1, recently released data for Puerto Rico’s banking sector completes the picture of household debt for the Commonwealth.

The bad news is that 67 million homes in the United States are seriously underwater. The good news is that that number hasn’t gotten worse.

What implications does April's rise in 30-day delinquencies have for the mortgage industry?

Overall household debt in the U.S. was up by more than $50 billion in Q4. How much of that can be attributed to outstanding mortgage balances?