twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Servicing News | Servicer Ranking | Delinquency Statistics
Stories about mortgage servicers, delinquency and f o r e c l o s u r e s. Coverage of servicing lawsuits and loan servicing technology.


Report: April Delinquency Data

First American CoreLogic reports 5.10% 90-day delinquency in April

June 12, 2009

By MortgageDaily.com staff


Data from First American CoreLogic indicate the increase in monthly real estate owned filings is tapering off -- though cumulative REOs during the past 12 months have more than doubled.

U.S. residential delinquency of at least 90 days stood at 5.10 percent as of April, according to the data provided to MortgageDaily.com today by First American. Delinquency jumped from 3.89 percent in April 2008.

The data compare to a 30-day delinquency rate of 5.57 percent as of April 30 reported by HOPE NOW late last month.

From May 1, 2008, through April 30, 2009, First American said 2,021,546 pre-foreclosures were filed. During the prior 12 months, pre-foreclosures totaled 1,462,397. HOPE NOW's data indicated the 12-month cumulative total for new foreclosures started was 2,499,000 as of April 30.

The foreclosure rate reached 1.76 percent in April, First American said. A year earlier, the rate stood at 1.46 percent.

During the 12 months ended April 30, 1,049,596 foreclosures were filed, according to First American's data. Filings totaled 768,947 in the previous 12-month period.

The rate of REO filings was 0.74 percent in April, not much worse than 0.70 percent a year earlier.

But the cumulative total of repossessions for the one-year period ended on April 30 was 711,094, soaring from 293,837 the prior year. REOs totaled 907,000 for the latest 12-month period in HOPE NOW's report.


Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders