Articles Tagged with ''delinquency''

Americans haven’t been this good at paying their mortgages since 2000

MBA report shows mortgage delinquency rate fell to 17-year low in second quarter
Over the last few weeks, report after report after report after report all show the same thing – more Americans are paying the mortgages on time right now than at any time since the housing crisis, at least. Now, a new report from the Mortgage Bankers Association shows that the delinquency rate for mortgages just fell to its lowest level since 2000.
Read More

CoreLogic: Foreclosures fall to lowest level since 2007

Foreclosure inventory and mortgages in serious delinquency hit 8-year low
The inventory of homes in foreclosure continued to decrease in November 2015, falling to the lowest level since November 2007, a new report from CoreLogic showed. But it wasn’t just the number of homes in foreclosure that fell to an eight-year low.
Read More

Fitch: GSE non-performing loan sales will help banks too

Fannie and Freddie sales could spur NPL market
The recent push by Fannie Mae and Freddie Mac to offload pools of non-performing loans could help more than just the GSEs, according to a new report from Fitch Ratings. The non-performing loan market could be poised for a surge.
Read More

Black Knight: Mortgage delinquency rate drops to 7-year low

Loans in foreclosure also dropped to 6-year low
The mortgage delinquency rate declined in October to a seven-year low, according to Black Knight Financial Services’ “First Look” at the October mortgage data. October also saw a rise in prepayments for the first time since July, which Black Knight said is “historically a good indicator of refinance activity.”
Read More

Delinquent mortgages heal 4 years straight

Delinquencies near pre-crisis levels
The year 2013 ended up being a successful year for the housing market, recording the fourth consecutive year of significant, sustained improvement in the nation’s inventory of delinquent mortgages.
Read More