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.
Tag: MBA National Delinquency Survey
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.
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.
The Week Ahead
Good morning! Welcome to another Monday, Week 10 of the Coronapacolypse. To all of you out there: thank you again for what you are doing. Stay healthy and safe.
ATTOM: Pre-COVID-19, Steady Rates for Equity-Rich Homeowners
ATTOM Data Solutions, Irvine, Calif., said data gathered before the impact of the coronavirus pandemic showed equity-rich American homeowners dipped slightly in the first quarter, even as the share of seriously underwater homeowners edged up.
Auction.com: Most Default Servicers Expect 2020 Foreclosures to Increase
Auction.com, Irvine, Calif., said its 2020 Default Servicing Insights report found while most respondents said they do not expect an economic recession in 2020, two-thirds expect their foreclosure and REO inflow to increase and 89 percent expect an increase in foreclosure and REO inflow from government-insured loans.
#MBAServicing2020: For Servicing Industry, A Cautious Economic Outlook
ORLANDO—Low mortgage rates, improved home-building rates and a growing number of people aspiring to homeownership makes for an optimistic formula for the mortgage servicing industry, said Mortgage Bankers Association economists, despite some potential headwinds in the short term.
#MBAServicing2020: For Servicing Industry, A Cautious Economic Outlook
ORLANDO—Low mortgage rates, improved home-building rates and a growing number of people aspiring to homeownership makes for an optimistic formula for the mortgage servicing industry, said Mortgage Bankers Association economists, despite some potential headwinds in the short term.
#MBAServicing2020: ‘Stronger Servicing Starts Here’
ORLANDO—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, kicked off the MBA Servicing Solutions Conference & Expo here with praise for the work the mortgage servicing industry has done in recent years.
MBA Chart of the Week: Mortgage Delinquency and Foreclosure Rates
Last week MBA released its latest National Delinquency Survey for the fourth quarter. Mortgage delinquencies track closely to the U.S. unemployment rate, and with unemployment at historic lows, it’s no surprise to see so many households paying their mortgage on time.