In May, 7.3% of mortgages—including those in foreclosure—were at least 30 days late, according to CoreLogic. The cause? Reverberations of the recession on loan performance. Better late than never? Occasionally, perhaps, but when it comes to delinquent mortgages, not so much. Compared to the same point last year, that 7.3% represents a bounce of 3.7% … The post Millions of …
Read More »Where Delinquency Rates Are Headed
A new report examines the metros where homeowners are struggling most, and lays out predictions of where delinquency levels are headed in 2021. The post Where Delinquency Rates Are Headed appeared first on DSNews.
Read More »More Americans Struggling to Make Full House Payments
The latest survey found certain segments of the market are falling behind, and a growing share of borrowers are concerned about falling into foreclosure. The post More Americans Struggling to Make Full House Payments appeared first on DSNews.
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