According to the MBA, continued challenges in the commercial real estate sector have pushed the delinquency rate on CRE-backed loans higher in the final quarter of 2023.
Read More »Organizations Call on FHFA to Lower Housing Costs for Renters, Homeowners
In a letter, nearly 80 consumer, energy, housing, health, manufacturing, and environmental organizations called on the Federal Housing Finance Agency to help lower costs and make housing safer and healthier, in addition to suggesting requirements that all new homes with mortgages backed by Fannie Mae and Freddie Mac meet updated energy codes.
Read More »Mortgage Delinquency Rate Falls to Second Lowest on Record
“The mortgage delinquency rate fell to its lowest level for any first quarter since MBA’s survey began in 1979 and was the second lowest quarterly rate overall, just 11 basis points above the survey low in the third quarter of 2022,” said Marina Walsh, CMB, MBA’s VP of Industry Analysis.
Read More »FHFA Publishes Q3 Foreclosure Prevention and Refinance Report
According to the FHFA’s Q3 2022 Foreclosure Prevention and Refinance Report, the Enterprises completed 69,362 foreclosure prevention actions within the quarter, helping troubled homeowners nationwide to stay in their homes.
Read More »Mortgage Delinquency Data Update
CoreLogic has released the latest iteration of its monthly Loan Performance Insights Report for May 2022. According to CoreLogic, the total delinquency rate fell to 2.7% of all loans, reflecting all loans that were in some stage of delinquency. This ...
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 »Identifying Delinquency Hotspots
In a new report, CoreLogic examines "hotspots" where delinquency and foreclosure rates jumped despite not being tied to any recent natural disasters.
Read More »A Closer Look at Foreclosure Prevention
FHFA report highlights changes in foreclosures and related activities during the third quarter. Delinquency rates improve while real estate owned (REO) declines for Fannie, Freddie.
Read More »Natural Disasters Impacting Delinquency Rates
As the rest of the country experiences lower rates of loans in delinquency, certain areas of the country have felt the sting of recent natural disasters. See how California's wildfires may impact delinquency rates in the coming months.
Read More »HARP Loans Continue Outperforming Pre-Crisis Mortgages
According to a new report by Moody’s Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis ...
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