DSNews BY: Brian Honea November 16, 2015 Mortgage delinquency rates continued their trend of year-over-year double-digit declines in the third quarter of 2015, which contributed to the strong performance of consumer credit markets during Q3, according TransUnion’s Q3 2015 Industry Insights Report released Monday. While aggregate revolving credit balances rose by $13.5 billion […]
DSNews BY: Brian Honea November 17, 2015 Foreclosures have been continually on the decline nationwide for a few years. While much of the decline can be attributed to a recovering economy, another driver of the drop in foreclosures is increased borrower outreach efforts from various organizations. Borrower outreach events include HUD-approved housing counselors and mortgage […]
DSNews Author: Brian Honea February 24, 2015 4 due to a number of reasons that include foreclosure alternatives, home retention solutions, completed foreclosures, improved loan payment performance, and acquisitions of loans with stronger credit profiles, according to Fannie Mae’s recently released annual report. About 1.47 percent of mortgage loans backed by Fannie Mae were 30 to […]
DSNews: By Author: Brian Honea February 18, 2015 The nation’s mortgage delinquency rate for loans 60 days or more overdue continued its steady decline in the fourth quarter of 2014, falling to 3.29 percent – representing a 14 percent drop from the same quarter in 2013 (3.84 percent), according toTransUnion‘s latest mortgage report released Wednesday. Q4 was […]
DSNews: Author: Brian Honea January 23, 2015 Just one month after experiencing the largest monthly increase in six years, the nation’s mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services’December 2014 “First Look” at Mortgage Data released Friday. The mortgage delinquency rate, or the number of mortgage loans that are 30 […]
