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In April, just 2.8% of all U.S. mortgages were in some stage of delinquency.
The 0.7% YOY decline in Q1 is equal to an average loss of $5,400 per borrower from Q1 2022.
CoreLogic says prices rose by 2%
David Hayes succeeds Patrick Flanagan; LDI Digital president, accounting & human resources officers also leaving.
CoreLogic said the serious delinquency rate fell to 1.1%, the lowest level in 23 years.
Home prices grew for the 134th consecutive month.
