If you were walking the streets of Laredo during the first half of the year, there would have been a good chance that you encountered someone burdened with mortgage delinquency. According to the newly published Cities with the Highest Mortgage Delinquency Rates report...
An increasing number of people are taking out mortgages while a rising level of homeowners aren’t paying their mortgages. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 1.1% on a seasonally...
If you walked out in the streets of Laredo, you’ll have a better-than-average chance of encountering someone dealing with mortgage delinquency. According to WalletHub’s new report on the Cities with the Highest Mortgage Delinquency Rates, the Texas city ranked...
U.S. mortgage delinquency plummeted to a historic depth, according to new data from CoreLogic that determined 2.6% of all mortgages were in some stage of delinquency during May. This is down from 2.8% in April and 2.7% in May 2022. During May, early-stage...
The number of serious delinquencies – defined as loans 90 days or more past due – dropped to 471,000 in June, the lowest since August 2006, according to new data from Black Knight Inc. (NYSE:BKI). June’s level is 177,000 loans lower (-27%) from one year earlier....
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
