Tag Archives: Serious Delinquency Rate

A new report revealed that foreclosure rates are down to pre-crisis levels for the first time since the recession. Here is a look at other major performance metrics and their impact on the housing market.

According to mortgage delinquency data compiled by Black Knight, Inc., in November 2017, 90-day delinquent loan inventory saw the largest month-over-month increase in nine years due to the impacts of Hurricanes Harvey and Irma.

According to the latest CoreLogic Foreclosure Report, both foreclosure and serious delinquency rates dropped year over year. What did these trends did these rates experience on a state level?

The number of completed foreclosures was down year-over-year in February, but still way above pre-crisis levels.

After a slight uptick in January, the number of delinquent loans backed by Freddie Mac resumed its downward spiral.

After months of contraction, mortgage-related investments pick up the pace.

The GSE's gross mortgage portfolio has expanded in only three of the last 64 months since June 2010.

The serious delinquency rate on single-family mortgage loans backed by Fannie Mae is still well below its pre-crisis levels after declining by three basis points in September down to 1.59 percent. The serious delinquency rate on Fannie Mae-backed single-family mortgage loans has declined every quarter since Q1 2010.

With that expansion of the total mortgage portfolio came a drop of four basis points in the serious delinquency rate for loans backed by Freddie Mac, down to 1.41 percent—a year-over-year decline of more than half a percentage point, from 1.96 percent in September 2014.

For the first eight months of 2015, Fannie Mae's gross mortgage portfolio has contracted at an annualized rate of 12.6 percent; the only two months that saw expansion were January and March at a rate of 3.5 percent and 7.8 percent, respectively.