MBA: Rate of Exits from Forbearance at Slowest Pace in Months
The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans in forbearance as of January 24 remained…
Category: Delinquency
Mortgage-Loan Delinquency Rates: Q2 2020 Snapshot
There was a climb of 8.22% in the delinquency rate for mortgage loans on one-to four-unit residential properties of all loans outstanding at the conclusion…
Mortgage Delinquencies Hit Four-year High
More properties became newly delinquent in April than in any single month during the Great Recession The post Mortgage Delinquencies Hit Four-year High appeared first…
New Law Extends Protections for Reverse Mortgages
Borrowers in the D.C. area who have fallen into delinquency have received good news in the form of amendments to the Reverse Mortgage Insurance and…
Mortgage Delinquencies Rise 20% in May
New data suggests loan delinquencies could improve just as half of forbearance plans expire, requiring review from servicers. The post Mortgage Delinquencies Rise 20% in…
Delinquencies Jump by 90%
Three months after hitting a record low in January 2020, the national delinquency rate is now at its highest level since 2013. Click through to…
Delinquency Rates Rise in Latest Freddie Mac Summary
While the GSE announced unpaid principal fell by $7.8 billion, mortgages past due are at their highest level in 2020. The post Delinquency Rates Rise…
Mortgage Delinquencies Experience Historic Spike
The nationwide delinquency rate hit its highest single-month increase in history in April. What does this mean for the months ahead? The post Mortgage Delinquencies…