December 30, 2011 (Chris Moore) National mortgage delinquencies are expected to rise to just over six percent in the first quarter of 2012 according to TransUnion and then gradually improve over the last three quarters of the year settling in at about five percent by the end of 2012. […]
July 19, 2011 (Chris Moore) Freddie Mac continues to maintain a serious delinquency rate of less than half that of the mortgage lending industry, but could still lose its top credit rating if lawmakers fail to raise the debt ceiling to avoid default. […]
May 9, 2011 (Chris Moore) Earnings for the two government owned mortgage companies, Freddie Mac and Fannie Mae, went in completely opposite directions in the first quarter of 2011 as Freddie Mac reported $676 million in net income and Fannie Mae lost $8.7 billion which triggered a request for $8.5 billion in additional financial aid. [...]
March 28, 2011 (Shirley Allen) Government backed mortgage giant Freddie Mac reports the seriously delinquent rate, mortgages that are 90 days or more delinquent or in foreclosure, of single family homes fell to 3.78 percent in February, while the multifamily delinquency rate, mortgages that are 60 days or more delinquent or in foreclosure, increased to [...]
March 21, 2011 (Jeff Alan) The Federal Housing Administration reports that the serious delinquency rate for mortgages in its portfolio in the first quarter of 2011 has dropped to 8.29 percent from 8.9 percent a year ago. FHA attributes the decline to higher quality mortgages that were originated from 2009 through 2011. Read more...
December 17 2010 (Shirley Allen) Lender Processing Services, Inc. released the following "First Look" at November month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. Read more...
November 22, 2010 (Jeff Alan) Credit Bureau giant TransUnion’s quarterly analysis of the mortgage industry is predicting a continuing drop in the national mortgage delinquency rate following another decrease in the third quarter of 2010. The delinquency rate dropped form 6.67 percent in Q2 2010 to 6.44 percent in Q3 2010 making it the largest [...]
