When it came to home prices, both January and February demonstrated their strongest single-month growth rates since 2005, according to the latest Mortgage Monitor Report from Black Knight, Inc., released Monday. Nationally, home prices rose 1.24 percent in the first ...
Read More »Fannie Offers Sixth Sale of Reperforming Loans
On Tuesday, Fannie Mae announced its sixth sale of reperforming loans. Reperforming loans are mortgages that had become delinquent, but which have recovered thanks to borrowers either catching up on their payments or working to secure loan modifications. This sixth ...
Read More »Early-Stage Mortgage Delinquencies Dropped in Q4 2017
According to the MBA’s Fourth Quarter 2017 National Delinquency Survey, general downward trends for mortgage delinquencies continued as 2017 wrapped up, even after the impact of a historically damaging hurricane season. "The 30-day delinquency rate actually dropped by 15 basis ...
Read More »New York Buys Distressed Mortgages to Fight Zombie Homes
New York Gov. Andrew Cuomo has announced that the state, working through its Community Restoration Fund, has purchased 172 distressed mortgages in high-foreclosure areas, hoping to help keep the homeowners in their homes and avoid letting more abandoned properties fill ...
Read More »Foreclosure Starts and Completions Hit 17-Year Lows
Mortgage delinquencies hit a 23-month high as 2017 wrapped up, surging by 164,000 year-over-year, according to the latest Mortgage Monitor Report from the Data and Analytics Division of Black Knight, Inc. However, that figure only tells part of the story. ...
Read More »Mortgage Delinquencies Begin to Recover from Hurricane Season
Even though last year’s hurricane season is behind us, the aftermath from 2017’s damaging storms continues to be felt both on the ground where the storms made landfall and throughout the housing and mortgage industry still dealing from the fallout ...
Read More »Mortgage Delinquency Reaches Plateau
Mortgage delinquency is starting to reach a plateau while originations are on the rise.
Read More »The Healthy Credit Market is Supported by a Drop in Mortgage Delinquencies
What drove the decline in mortgage delinquencies and increase in mortgage balances in Q3?
Read More »Why Are Mortgage Delinquencies Spiking Among Older Americans?
After the age of 60, older Americans are reporting a rise in mortgage delinquencies. What factors are contributing to this increase?
Read More »Mortgages Driving Overall Delinquency Improvement
Newly delinquent debt was at its lowest level in Q1 since 1999.
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