Tag Archives: Serious Delinquency

While overall U.S. mortgage performance remained strong in June, Molly Boesel, Principal Economist for CoreLogic, notes that the impact from recent weather disasters will likely see impacted regions increase in the months to come.

After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.

According to CoreLogic, the nationwide delinquency rate dropped to 1.1%, the lowest level reported in 23 years, as the unemployment rate remains near an all-time low.

Nationwide, the overall delinquency rate dropped for the 18th consecutive month on an annual basis, as CoreLogic reports that approximately 1.4 million loans nationwide were in some stage of delinquency.

CoreLogic has released its monthly Loan Performance Insights Report for June 2022, showing that 2.9% of all mortgages in the U.S. were in some stage of delinquency, —30 days or more past due, including those in foreclosure— representing a 1.5 ...

According to Black Knight's “first look” at February 2022 mortgage data, the January surge reversed course in February, but even the higher number still trailed pre-pandemic levels. Here's what else the data reveals

Exploring the trends in mortgage loan defaults, an analysis draws attention to factors that have led to a decline in national delinquency rates.

From hurricanes to wildfires, a report examines the impact of natural disasters on serious delinquency rates.

These factors are impacting defaults and foreclosures for homeowners and lenders.

The states impacted by Hurricanes Harvey, Irma, and Maria continue to see a rise in serious delinquencies a year later, according to a report. Here are the details.