delinquent

March 14, 2019

Credit Card Balances End Year At Record High

U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]
July 24, 2018

Foreclosures at Lowest Level in Almost Two Decades

Foreclosure starts just plummeted in June to their lowest level in 17 years, according to the latest report from Black Knight.  Foreclosure starts dropped 3.1% from May […]
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 […]
February 12, 2018

After the Storm: Higher Defaults in 4Q

There was an increase in total mortgage defaults during the fourth quarter.  However this rise has to be measured in context of what had been a […]
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 […]
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 […]
September 26, 2017

Texas Delinquencies Jump 16% After Harvey

Mortgage delinquencies in areas affected by Hurricane Harvey last month were 16% higher than in July, according to Black Knight Financial Services.  More than 6,700 new 30-day delinquencies stem from […]