Fannie Mae will buy 97% LTV mortgages

Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product

MBA leaders challenge federal regulators to take action

MBA: It's time for the penalty phase to end

5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary
W S
Servicing / The Ticker

Indianapolis foreclosure rate drops 36%

foreclosure sign
/ Print / Reprints /
| Share More
/ Text Size+

According to the IndyStar publication, the mortgage foreclosure rate in the Indianapolis area fell 36% from year ago levels in August. The publication notes that:

The drop to 2.14% from 3.36% a year ago continues a gradual slide in the area’s foreclosure rate that began in April 2012, according to CoreLogic, which tracks mortgage data nationally.

The delinquency rate on mortgages — measuring loans on which payments are overdue by 90 days or more — also fell in August, to 4.94%, CoreLogic said Monday. That compares with 6.31% a year earlier.

Source: IndyStar
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus