From Name:
From Email:
To Name:
To Email:

Optional Message:

How natural disasters are influencing mortgage delinquency rates

from DS News

Delinquency is down while equity is up, according to the latest Loan Performance Insights report from Corelogic. According to the report, 4.1 percent of mortgages were 30 days or more delinquent as of December 2018, a 1.2 percent decline from December 2017’s 5.3 percent. Despite the decrease, recent natural disasters such as hurricanes have left states such as North Carolina, Florida and Georgia behind. According to Corelogic, 10 out of the only 12 metro areas to experience increases in serious delinquency, or loans 90 days or more past due, were located in the Southeast, in areas such as Panama City, Florida. more

Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063