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Serious Delinquency Rate Crashes to 17-Year Low

Serious Delinquency Rate Crashes to 17-Year Low

by Phil Hall | Jul 21, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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....
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