Tagged: mortgage delinquency

The 0.2% annual increase bucks a historical, seasonal trend given that many borrowers receive their income tax refunds in March.

Payments past due increased on all loan types this year, the MBA reported

Bank statement loans a particular area of weak loan performance, Fitch data show.

Most homeowners with a mortgage still able to make their payments on time in February, CoreLogic report shows.

The U.S. housing market posted an overall mortgage delinquency rate of 2.8% in January.

A total of 6,000 foreclosure sales were completed in February, a 9% decrease from January and the second-lowest level in the previous 12 months.

Despite overall stability, 17 states witness yearly increases; concerns arise over consumer credit performance amidst economic shifts.

National delinquency rate drops 5.48% while foreclosure starts increase.

The MBA says fourth quarter delinquencies climb.

Mortgage originations for 4Q 2023 hit $394 billion.