Tag Archives: Prepayments

Was the spike in delinquencies just a blip or does it point to a longer-term trend? Here’s what a report revealed about the state of default and foreclosures across the country.

A new report reveals the state of delinquencies and foreclosure starts across the nation. Click through to learn which states are trending high and which are on the low-end.

According to Fitch Ratings' latest quarterly index, prepayment rates among U.S. residential mortgage-backed securities (RMBS) have declined to the lowest levels of the post-crisis era. Fitch Ratings' director Sean Nelson attributed the decline in prepayment rates to higher interest rates and fewer distressed liquidations.