‘Stunning’ Delinquency Spike Could Mean ‘Bumpy Waters Ahead’

Due to forbearance plans, home foreclosures are at record lows, but skyrocketing serious-delinquency rates point to a rough road ahead. That is, according to CoreLogic, provider of property-data analysis, which just released its monthly Loan Performance Insights report for August. It showed, nationally: Overall delinquency rate for August was 6.6%. The rate for early-stage delinquencies …

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