CoreLogic, Irvine, Calif., said in the 30 years since Hurricane Andrew devastated much of South Florida, the risk management landscape has evolved “tremendously.” But many questions remain—and with South Florida still a popular place to live, many of the risks from 1992 still exist today.
Tag: Mortgage Delinquencies
Black Knight: 1st Uptick in Early Stage Delinquencies in 9 Months
Black Knight, Jacksonville, Fla., said past-due loans increased by 1.8 percent in February, the first increase since last May.
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.
Black Knight: Past-Due Loans Continue to Improve
Black Knight, Jacksonville, Fla., said the national delinquency rate rose to 4.73% from 4.66% in April, although the increase was driven largely by the three-day Memorial Day weekend foreshortening available payment windows.
MBA: January Commercial, Multifamily Mortgage Delinquencies Decrease
Delinquency rates for mortgages backed by commercial and multifamily properties decreased in January, according to the Mortgage Bankers Association’s latest monthly MBA CREF Loan Performance Survey.
Black Knight First Look: 2020 Ends with Higher Delinquencies, Lower Foreclosures
Black Knight, Jacksonville, Fla., said 2020 ended with 1.54 million more delinquent and 1.7 million more seriously delinquent mortgages than at the start of the year, a looming reminder of the challenges facing the market in 2021.
CoreLogic: Serious Delinquencies Level Off in ‘Positive Signal’
CoreLogic, Irvine, Calif., said its monthly Loan Performance Insights Report for September showed a leveling off of serious loan delinquencies, a “positive signal” that the housing finance industry is thus far adjusting to the pandemic-induced economic downturn.
RIHA Study: More than 6 Million Renters and Homeowners and 26 Million Student Debt Borrowers Missed September Payment
More than six million households did not make their rent or mortgage payments, and 26 million individuals missed their student loan payment in September, according to third quarter research released by the Mortgage Bankers Association’s Research Institute for Housing America.
Fitch: Mortgage Delinquencies Won’t Affect Property Tax Payments
Fitch Ratings, New York, does not expect fiscal 2021 property tax collections to be meaningfully affected by mortgage forbearance programs or delinquencies, but potential for timing delays is “elevated.”
Black Knight First Look: Early-Stage Delinquencies Improve, Serious Past-Due Loans Rise
Black Knight, Jacksonville, Fla., issued its monthly First Look Mortgage Monitor, reporting the divergence between early-stage delinquencies and seriously past-due mortgages continues to widen as fewer delinquent loans cured to current status in August.