Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Delinquency Rates, Foreclosures Dip to Historic Lows

By Seth Welborn

According to month-end data from March, the national delinquency rate has fallen to its lowest point in 11 years, hitting 3.62 percent. The number of non-current properties and the total inventory of loans under foreclosure, both fell to historic lows as well. Prepay speeds increased—a typical indicator of increasing refi activity.

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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