Mortgage Delinquency Rate Hits Lowest Level in 43 Years

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In: Refinance News

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A recent survey by the Mortgage Bankers Association found that mortgage delinquency rates fell for the second quarter in a row, to the lowest level in 43 years. The one- to four-family mortgage delinquency rate fell to 3.45% of totalContinue Reading

How Did The Market React To Another FED Rate Hike?

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In: Mortgage News

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Analysts weighed the economy on Wednesday following the Federal Reserve’s latest interest rate hike a 0.75% hike that matched the central bank’s last move in June, the biggest jump in the key measure since 1994. The latest rate hike toContinue Reading

US Mortgage Delinquency Rate Nears 3 Percent According To CoreLogic Report

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In: Mortgage News

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The April 2022 CoreLogic credit performance report shows 2.9% of total US debt. The time point of criminal activity (more than 30 days ago, excluding) decreased from 4.7% in April 2021 to 1.8%.  The US non-reimbursement and non-reimbursement rate andContinue Reading

United States Mortgage Delinquency Rate Grows Again in September - Black Knight

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In: Realtor News

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The U.S. mortgage delinquency rate progresses again in September to 3.91%, the first time it’s been lower 4% since the onset of the pandemic, according to Black Knight’s First Look at September mortgage performance. Foreclosure starts to pull back near record lows inContinue Reading

July Reports Shows Mortgage Delinquency Rate Dropping

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In: Mortgage News

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According to the Mortgage Bankers Association’s (MBA) latest monthly CREF Loan Performance Survey, in July the delinquency rates for mortgages backed by commercial and multifamily properties reduced. The Survey Reported: Compared to the previous month when the outstanding loan balancesContinue Reading

The U.S. Overall Delinquency Hits Lowest Level

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In: Mortgage News

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Today CoreLogic, released its monthly loan performance insights Report for March 2021. The president and CEO of CoreLogic, Frank Martell, said that as the economic effects of the pandemic begin to decrease homeowners are catching up on their debt, whichContinue Reading

With The Decline In Delinquency Rate – Will Fannie and Freddie Stop Charging The Adverse Market Fee?

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In: Refinance News

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Last updated on February 22nd, 2021 at 05:00 pmWhen Fannie Mae and Freddie Mac made the announcement of a new adverse market refinance fee of 0.5% to cover up pandemic-related loss reserves there was outrage from all corners of America.  Even when the expectedContinue Reading