twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to 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

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

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

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

Press Releases
Reports and announcements from

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









site map
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.

Residential Performance Improves Again

30-day delinquency down 20 BPS in August

Sept. 24, 2012

By staff

Early data on August delinquency indicates that past-due payments on home loans have now declined for three months in a row and stand more than 130 basis points lower than they did a year ago.

There were 5,450,000 loans that were either past due at least 30 days or in the foreclosure process as of last month. The volume of delinquent loans fell from July, when the number of borrowers who were late on their mortgage payments was 5,562,000.

It was the third consecutive month that the total was lower.

The number of past-due mortgages has fallen substantially from 6,397,000 in August 2011.

Delinquency data was extrapolated based on Lenders Processing Services Inc.'s Applied Analytics' loan-level database of mortgage assets.

At 10.91 percent, August total delinquency, including foreclosures, improved from a month earlier when the rate was 11.11 percent.

A year earlier, delinquency stood at 12.24 percent.

Delinquency rates were worst in Florida, Mississippi, New Jersey, Nevada and New York.

Loan performance was best in the states of Montana, Alaska, South Dakota, Wyoming and North Dakota.

Last month's U.S. rate reflected 30-day delinquency, excluding foreclosures, of 6.87 percent, better than 7.03 percent in July.

The foreclosure pre-sale inventory rate fell to 4.04 percent from 4.08 percent.

next story

back to current headlines

Logout forgot

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


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