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 of the second quarter, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. Researchers say that, all things considered, delinquency has “yet to emerge as a major issue.” From … The post Mortgage-Loan Delinquency …

Read More »

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 Tax Payment Program Temporary Amendment Act of 2020. The post New Law Extends Protections for Reverse Mortgages appeared first on DSNews.

Read More »

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 find out which cities experienced rises beyond the national average. The post Delinquencies Jump by 90% appeared first on DSNews.

Read More »

Predicting Homeowner Delinquency Risk

February marked the 26th consecutive month of falling annual overall delinquency rates, but as unemployment rises, economists predict a steady wave in the coming months. The post Predicting Homeowner Delinquency Risk appeared first on DSNews.

Read More »