Intercontinental Exchange Inc., released its “first look” at January mortgage performance, finding that foreclosure starts jumped by 30% and foreclosure sales rose by 25%.
Tag: Delinquencies
MBA: Mortgage Delinquencies Increase in Fourth-Quarter 2024
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of the fourth quarter of 2024, according to the Mortgage Bankers Association’s National Delinquency Survey.
Chart of the Week: Mortgage Delinquency Rate Spreads by Product Type
According to the latest results from MBA’s National Delinquency Survey (NDS), the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties increased to a seasonally adjusted rate of 3.98 percent of all loans outstanding at the end of the fourth quarter of 2024.
TransUnion Predicts Mortgage Delinquencies Will Be Flat
TransUnion, Chicago, released its forecast for 2025, predicting that mortgage delinquencies will be flat a year from now in Q4 2025.
VantageScore: Overall Credit Balances Up in October, Driven by Mortgages
VantageScore, San Francisco, released its October CreditGauge, finding overall balances hit a new metric record for the fourth straight month.
ICE First Look: Delinquencies Edge Up, but Foreclosure Activity Still Low
Intercontinental Exchange Inc., Atlanta, provided its first look at October mortgage performance, finding that the delinquency rate hit 3.45% in October, up 6% from October 2023.
MBA: Mortgage Delinquencies Decrease Slightly in the Third Quarter of 2024, Up on Annual Basis
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased slightly to a seasonally adjusted rate of 3.92% of all loans outstanding at the end of the third quarter of 2024 compared to one year ago, according to the Mortgage Bankers Association’s National Delinquency Survey.
Commercial, Multifamily Mortgage Delinquency Rates Increase in Third Quarter
Delinquency rates for mortgages backed by commercial properties increased slightly during the third quarter of 2024.
ICE First Look: Delinquencies Remain Low Despite Year-Over-Year Rise
Mortgage delinquencies remain low despite a modest year-over-year increase, according to Intercontinental Exchange, Atlanta.
American Households With Record High Debt, Motley Fool Ascent Finds
American households are carrying an average of $104,215 in debt as of Q2 2024, amounting to $17.796 trillion total, Motley Fool Ascent, Alexandria, Va., found.