Thursday, September 28, 2023 | The Latest Buzz for the Appraisal Industry

Are Delinquencies Numbers Stabilizing?

According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per month.  Looking up, most of the 8.9 million borrowers who were in one point in …

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