Tag Archives: Mortgage Defaults

“With prices beginning to decline in selected metro areas and many more to follow over the next couple years, mortgage lenders and investors will have to tighten underwriting standards and increase selectivity until house prices bottom,” said Dennis Capozza, Professor Emeritus of Finance in the Ross School of Business at the University of Michigan.

Default rates continue to decline as pandemic-related financial distress across the country continues to ease for homeowners.

The UFA Default Risk Index, which measures the risk of default on newly originated nonprime mortgages, climbed seven points between Q4 2017 and Q1 2018, hitting 108. According to the latest UFA Mortgage Report released by University Financial Associates of ...

The default rate has been steady and falling as home prices continue to rise in most parts of the country and sales of both new and existing homes increase. The default rate for both first and second mortgages fell in April. Additionally, most cities saw declining default rats, with the exception of New York.

Despite the increases in default rates among mortgages and other types of consumer credit, their levels still point to an economy on the mend, according to one analyst.

Recent data shows drops in numerous default rates, a reverse of the trend seen last month. What factors support this decline?

The national credit picture took an upturn in May, as mortgage and consumer credit default rates ebbed from April numbers.

Just how much has the credit quality of loans purchased by both Fannie Mae and Freddie Mac improved since 2008?

Mortgage default rates were down while bank card default rates were up in March. What does this reveal about consumer behavior patterns?

Regulators accused the bank of engaging in "reckless" underwriting practices on mortgage loans insured by the FHA.