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MBA: Mortgage Delinquencies Decrease in Second Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.37 percent of all loans outstanding at the end of the second quarter, according to the Mortgage Bankers Association’s National Delinquency Survey.
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FHFA Releases Fannie Mae, Freddie Mac Stress Tests
The Federal Housing Finance Agency on Thursday released the results of its Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests.
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Foreclosure Starts Down in July, but Repossessions Increase, ATTOM Finds
ATTOM, Irvine, Calif., found in its July 2023 U.S. Foreclosure Market Report that foreclosure starts are down 12% from June and down 2% from a year ago.