February 21, 2018

Mortgage Delinquency Rate at Lowest Level Since Recession

The serious mortgage delinquency rate decreased in the final quarter of 2017 to the lowest point since the great recession, according to TransUnion’s Q4 2017 Industry […]
February 15, 2018

New Foreclosures Fell to Record Low in 2017

It was a record-setting year in terms of the low number of foreclosure starts, partially helped by the various post-storm moratoria, according to Black Knight.  “Just […]
January 26, 2018

States with Most/Least Delinquent Debt

Americans are drowning in debt. Across the United States, 33% of people have debt that has gone into collections, according to a recently released study by […]
January 22, 2018

Credit Card and Second Mortgage Defaults Spike

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.  The second mortgage default rate climbed […]
January 3, 2018

Best and Worst States for Consumer Credit Scores

Consumer credit varies nationally due to regional variations in income and the cost of living.  According to a new study from LendEDU and Experian, the Northeast […]
December 12, 2017

Mortgage Delinquencies Rise After Hurricanes

The three major hurricanes that caused devastation during August and September were largely responsible for the third-quarter increase in mortgage delinquencies.  The seasonally adjusted delinquency rate […]
November 9, 2017

FHA Loan Delinquency Rate Flattens

Closed-end loans continue to return to normal levels as overall consumer delinquencies remained steady and serious delinquency rates remained near the 10-year low.  However Federal Housing Administration […]
October 24, 2017

Mortgage Default Rates Begin to Rise

Mortgage defaults in September were slightly higher than in the previous month and are still lower than a year ago but they are closer to matching levels seen […]