CoreLogic: ‘Clouds on The Horizon’ for Many U.S. Homeowners as Delinquency Rates Climb

Ahead of this week’s 2nd Quarter National Delinquency Survey from the Mortgage Bankers Association, CoreLogic, Irvine, Calif., said early-stage and adverse mortgage delinquency rates increased for the second consecutive month, with all 50 states and more than 75% of U.S. metro areas seeing increases in overall delinquency rates.

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.

MBA: 4Q Mortgage Delinquencies Fall to 40-Year Low

Mortgage delinquency rates for loans on one-to-four-unit residential properties in the fourth quarter fell to the lowest level since the Mortgage Bankers Association began tracking such data.