Items Tagged with 'delinquency'

ARTICLES

  • CoreLogic: Declining foreclosure rates highlight the nation's strong job market

    In May, delinquency rate falls 0.6% on an annual basis
    The national mortgage delinquency rate declined in May, according to the latest Home Price Index report from CoreLogic. According to the report, nationally, 3.6% of mortgages remained in some stage of delinquency in May.CoreLogic Chief Economist Frank Nothaft said growth in family income and home prices continues to support low delinquency rates.
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  • Americans haven't been this good at paying their mortgages in more than 20 years

    Mortgage delinquency rate falls to 20-year low
    Americans are better now at paying their mortgages on time than they have been at any point in the last 20 years, a new report from CoreLogic shows. According to CoreLogic’s latest monthly Loan Performance Insights Report, the national delinquency rate sat at 3.6% in April. That’s the lowest national delinquency rate in more than 20 years.
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  • 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.
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  • 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.
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  • 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.
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  • 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.”
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