Tag Archive for ‘mortgage delinquency’

Mortgage Delinquency Rates Fall

Data released by the Mortgage Bankers Association (MBA) indicates that the delinquency rate for mortgage loans on one-to-four-unit residential properties, considered single-family properties, decreased to a not seasonally adjusted rate of 5.69% of all loans outstanding at the end of the first quarter of 2014, 106 basis points below the 6.75% delinquency rate recorded in the first quarter of 2013…. Read More ›

Mortgage Delinquencies

According to the Mortgage Bankers Association, 3.1 million households are 90 days or more late on their payment or in the foreclosure process and collectively called seriously delinquent. While still excessive by all comparisons to history, the number has dropped 28% from a high of 4.3 million at the end of 2009. The decline has been gaining speed and is… Read More ›

Loan Delinquencies Rise Unexpectedly During the Second Quarter

The Mortgage Bankers Association’s National Delinquency Survey revealed a surprising increase in the seasonally adjusted delinquency rate during the second quarter of 2012. The total share of first-lien residential mortgages with past due payments increased 18 basis points to 7.58%. In addition, all three delinquency buckets registered increases compared to the first quarter, with the largest quarter-to-quarter jump occurring among… Read More ›

Mortgage Bankers: Delinquencies and Foreclosures Continue to Fall, but a Few Problems Persist

The Mortgage Bankers Association’s National Delinquency Survey showed the delinquency rate on first-lien residential mortgages dropped 41 basis points to 7.58% during the fourth quarter of 2011 (down from 7.99%). While the foreclosure inventory remained elevated from a historical perspective to close out the calendar year, it still registered a modest decline between the third and fourth quarters of 2011,… Read More ›