CoreLogic, Irvine, Calif., said 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), a 1.2 percentage point decrease from 4% a year ago.
CoreLogic, Irvine, Calif., said Mortgage Delinquencies fell in July, marking the 16th consecutive annual drop. The Loan Performance Insights Report said foreclosures rose slightly from a year ago in two-thirds of metro areas, but the national rate remains near a record low.
Ahead of this Thursday’s release of the quarterly MBA National Delinquency Survey, reports from CoreLogic, Irvine, Calif., and ATTOM, Irvine, show declines in both mortgage delinquencies and foreclosure activity.
Ahead of this Thursday’s National Delinquency Survey from the Mortgage Bankers Association, Corelogic, Irvine, Calif., reported November’s loan delinquency rates fell to levels last seen before the coronavirus pandemic.