Delinqiency

Additionally, mortgages more than 90 days past due remained at the lowest level since June 2000. Click through for more information. The post No States Report Increase in Serious Delinquency Rates appeared first on DSNews.

However, rising unemployment brought on by COVID-19 could cause rates to “jump significantly” throughout the rest of the year. The post Mortgage Delinquencies at 21-Year Low appeared first on DSNews.

With unemployment projected to hit 15% during Q2 2020, gauging the impact of COVID-19 is “as much an art right now as a science.” The post 3.5 Million New Mortgage Delinquencies Possible appeared first on DSNews.

A new report says that 4.31% of Ginnie Mae loans are in forbearance and that could increase to more than 10%. The post Despite Measures, Delinquencies Could Increase appeared first on DSNews.