Saturday , 28 November 2020

Delinquency Rate Doubles Great Recession Peak

In July 2020, 6.6% of mortgages in the U.S. were delinquent by 30 days or more including those in foreclosure; this represents a 2.8-percentage point increase in the overall delinquency rate compared with July 2019. The CoreLogic Loan Performance Insights report measures mortgage performance through July, and is available in full here (upon login). “Measuring …

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