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Items Tagged with 'Delinquencies'

ARTICLES

Black Knight: Foreclosure inventory lowest since February 2008

Delinquencies decline by 117K but foreclosure starts rise 12%
Trey Garrison
At 1.76% of active mortgages, the nation’s inventory of loans in foreclosure is now at its lowest point since February 2008, according to the September report from the Data and Analytics division of Black Knight Financial Services.
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Black Knight: Delinquency rate jumps almost 5% to highest since February

Foreclosures decline for first time in five months
Trey Garrison
The mortgage delinquency rate jumped nearly 5% in August, reaching its highest point since February, the Data and Analytics division of Black Knight Financial Services reported in its “first look” at August 2014.
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MBA: Here’s why delinquency and foreclosure rates continue to drop

Delinquencies drop to lowest level since late 2007
Trey Garrison
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.04% of all loans outstanding at the end of the second quarter of 2014.
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Freddie Mac sells $659 million in “deeply delinquent” loans to unknown buyer

Executes first sale of seriously delinquent loans
Ben Lane
Freddie selected the winning bidder “on the basis of economics” from a pool of 22 prospective buyers that took part in the auction. When contacted, Freddie declined to identify the winner of the auction.
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Black Knight: Foreclosures hit lowest level since May 2008

Twenty-six months of declines; prepay rate is up
Trey Garrison
The national inventory of loans in foreclosure declined again in June, down 1.5% for the month, almost 36% for the year, making this the 26th consecutive month of declines, Black Knight Financial Services reported.
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Shrinking distressed inventory, new construction may hurt existing home sales

Buyers prefer new construction to existing homes
Trey Garrison
Given the turnaround from construction start to being ready for market, sellers of existing homes in markets where construction is running hotter may want to hit the market sooner rather than later.
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Radian delinquencies drop below 50,000

Decline continues as Radian writes $3.53B in insurance
Trey Garrison
Radian Guaranty Inc. on Tuesday released data for primary mortgage insurance delinquencies for June 2014, showing a continued decline.
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Black Knight: Foreclosure inventory drops to lowest since July 2008

Nationally foreclosures drop below 1 million, but tick up in April, May
Trey Garrison
Foreclosure inventory rate fell below 2% for first time since summer of 2008, according to Black Knight Financial Services “first look” at May 2014 month-end mortgage performance statistics.
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Black Knight: Foreclosures decline in April to 2008 low

Delinquencies see a slight seasonal uptick
Trey Garrison
Black Knight Financial Services’ “First Look” at the April mortgage marketplace shows there was a slight seasonal increase in the early delinquency rate.
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Delinquency and foreclosure rates continue to improve

MBA: Judicial states still weigh on foreclosure inventory
Trey Garrison
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.11% of all loans outstanding at the end of the first quarter of 2014, the lowest level since the fourth quarter of 2007.
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