Black Knight: Foreclosures at Record Low—But…

Black Knight, Jacksonville, Fla., reported just 0.24 percent of loans in active foreclosure in December, a record low, but cautioned that mortgage delinquency rates remain more than two times pre-pandemic levels.

MBA Reports Rise in 1st Quarter Mortgage Delinquencies

Mortgage delinquencies rose in the first quarter as the economic effects of the coronavirus pandemic began to take hold, the Mortgage Bankers Association reported this morning.

FHFA, HUD Suspend Foreclosures/Evictions for 60 Days

HUD and the Federal Housing Finance Agency yesterday announced they would suspend foreclosures and evictions for Fannie Mae, Freddie Mac and FHA mortgages for at least the next 60 days amid the coronavirus pandemic.