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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 »U.S. Foreclosure Starts Up More Than 440% Year-Over-Year
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Outstanding Loans, Delinquencies Remain Flat
One economist said that HELOC performance remains strong this year, but subprime loans are lower in volume than first mortgages.
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