Foreclosure Decline Offsets Rise in Mortgage Lates
A slight drop in the foreclosure rate was more than enough to offset a modest bump in mortgage delinquency. Serious delinquency has improved for six consecutive months.
Bank Mortgage Delinquency Down, Foreclosures Up
The performance of residential loans that are serviced by the nation's financial institutions improved on a quarter-over-quarter basis. But the number of foreclosures started and finished worsened.
Early Stage Delinquency Jumps, Foreclosures Down
Although the volatile early stage mortgage delinquency rate turned sharply higher, other performance metrics were better and are likely to continue improving.
Decade Low for Serious Mortgage Delinquency
A decade has elapsed since the rate of serious mortgage delinquency was as low as it was in May. The foreclosure rate also fell to a 10-year low.
Couple Claims Victory in 10-Year-Old Foreclosure
After nearly a decade of fighting a foreclosure, a couple in the Empire State is claiming victory after their mortgage servicer missed an important deadline.
10-Year Low for Serious Mortgage Delinquency
It's been nearly a decade since the rate of serious mortgage delinquency has been this low. Early stage delinquency, meanwhile, sank to a 17-year low.
Fay Servicing Settles Charges of Foreclosure Abuse
Allegations that Fay Servicing LLC illegally moved forward with foreclosures on distressed borrowers who were actively seeking help have been settled.
Seasonal Surge in Mortgage Delinquency
Delinquency on residential loans soared last month, though the surge was attributed to seasonal factors, Foreclosure starts, however, sank to a 12-year low.
Home Loan Delinquency Down, 10-Yr Low Foreclosures
Quarterly single-family mortgage delinquency, including on government loans, has improved, and the foreclosure rate is the lowest in a decade.
Monthly Mortgage Delinquency Declines
The rate of past-due payments, serious delinquency and foreclosures on mortgages outstanding all moved lower on a monthly basis.