12-Year Low for Mortgage Delinquency
It has been slightly more than a dozen years since the rate of delinquency on single-family loans was as low as it was in the most-recent monthly report.
BofA Accused of Discrimination by Housing Group
Just a year after settling alleged discrimination against Hispanic customers, Bank of America Corp. is being accused by the same group of discrimination in the handling of real-estate-owned properties in minority areas.
Mortgage Lates Down Again, Foreclosures at 15-Yr Low
Mortgage delinquency has decreased each of the last five months, the foreclosure rate fell to a 15-year low, and the number of foreclosures started slowed to near a 17-year low.
Mortgage Delinquency Declines
The non-current rate on consumer mortgages fell from the end of last year. The improvement came despite an increase in foreclosures initiated and completed.
Better Outcomes for Nonperforming GSE Loans Sold
A new report indicates that non-performing loans being sold by the government-sponosred enterprises are experiencing better outcomes than before they are sold.
Mortgage Delinquency Sinks to 12-Year Low
It has been more than a decade since the monthly rate of mortgage delinquency was as low as it is now. The foreclosure rate hasn't risen in seven months.
Negative Mortgage Delinquency Trend Reversed
A seven-month run for year-over-year increases in mortgage delinquency came to an end last month as the number of loans in active foreclosure was the lowest in more than a decade.
Mortgage Lates Down as Hurricanes' Impact Eases
With the peak impact of last year's hurricanes finally subsiding, the performance of U.S. mortgages improved. Government-insured performance improved more than it ever has.
Monthly Mortgage Delinquency Drops
Despite the lingering effects of last year's brutal hurricane season, mortgage servicers managed to cut the monthly rate of loan delinquency.
Mortgage Delinquency Plunges
Delinquency on residential loans turned sharply lower last month as the impact from last year's hurricanes shifted to new foreclosure filings.