late payments

Millions of Homeowners Unable to Repay Loans

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 …

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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.

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