Early-stage mortgage delinquencies increased following active hurricane season. by Megan Donofrio January 15, 2018. Following a very active hurricane season, the number of early-stage mortgage delinquencies increased in October to 2.3 percent, up from 2.2 percent in October 2016, according to CoreLogic’s latest monthly Loan Performance Insights Report.
For Homeowners Affected by the 2017 Hurricane Season. Mortgage Help. Federally regulated Fannie Mae and Freddie Mac have come together to get the word out about mortgage relief options for those affected by natural disasters, including the recent hurricanes. Our goal is to make sure you have time to focus on your safety. Here
Tellingly, the most recent data from Challenger, Gray & Christmas revealed a jump in construction worker layoffs. The mitigating factor will be the tremendous demand for workers to repair and eventually rebuild Houston and the surrounding region after the devastation wreaked by Hurricane Harvey.
Foreclosure Fears Rise in Texas with Jump in Late Mortgages After Harvey.. During last year’s hurricane season, mortgage financiers such as Fannie Mae and Freddy Mac encouraged lenders to.
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CoreLogic Reports Early-Stage Mortgage Delinquencies Increased Following Active Hurricane Season Overall Mortgage delinquency rate fell 0.1 percentage points Foreclosure Rate Declined 0.2.
‘The status quo is over’: FHFA chief vows quick action on GSEs Yet the potential for the GSEs to suffer losses from the plan was raised by Federal Housing Finance Agency Director Mel Watt. Gordon Gray, director of fiscal policy at the American Action Forum,
Mortgage delinquencies dropped 8.6 percent between December and January, but remained up year-over-year, according to the latest First Look at January mortgage performance data from Black Knight.
The 1.9 percent serious delinquency rate in June, July, August, September and October of this year marks the lowest level for any month since it was also 1.9 percent in October 2007. "After rising in September, early-stage delinquencies declined by 0.1 percentage points month over month in October.
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Orlando mortgage delinquencies triple from year earlier. – · Orlando homeowners’s mortgage delinquencies tripled in a year with Polk County mortgage holders leading Florida for delinquencies, Corelogic report shows.. have seen a jump in transition rates.