Tag Archive for ‘delinquencies’

MBA Data Indicates Large Declines for Past Due and Seriously Delinquent Loans

According to the Mortgage Bankers Association’s (MBA) fourth quarter National Delinquency Survey (NDS), on a seasonally adjusted basis, the percentage of loans past due decreased from 6.38% in the first quarter to 5.47%. State-level data of the past due loan category reveal that all states had reduced their count of past-due loans. The states that experienced the largest numerical declines… Read More ›

Serious Delinquency Rates Continue Their Descent

According to a report by the Mortgage Bankers’ Association the delinquency rate for mortgage loans on 1-4 unit residential properties decreased to a seasonally adjusted rate of 5.30% of all loans outstanding at the end of the second quarter of 2015, 24 basis points less than its level in the first quarter of 2015 and 74 basis points below its level one… Read More ›

Show Me the Credit

Consumer credit (excluding mortgages) in the first quarter of 2014 was up 25 percent from its low set in the second quarter of 2010, according to the Federal Reserve Board. Among the components, student loans are 45 percent higher, car loans gained 26 percent and credit cards are up 5 percent. Car lending has rebounded over the few past years… Read More ›