Friday, April 19, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Delinquencies Continue Historic Low Trend in September

CoreLogic’s monthly Loan Performance Insights Report for September 2022 shows that 2.8% of all mortgages in the U.S. (approximately 1.4 million loans) were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 1.1 percentage point decrease compared to 3.9% in September 2021.

In September 2022, the U.S. delinquency and transition rates, and their year-over-year changes, were 1.2% for early-stage delinquencies (30 to 59 days past due),

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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