late payment

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 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 […]
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 […]
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 […]
July 6, 2017

Consumer Delinquencies on the Rise

Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit Delinquency Bulletin released today.  The rise in […]
May 25, 2017

Mortgage Delinquencies Hit 8-Year High In April

The delinquency rate on first-lien mortgages (30 days or more past due) stood at 4.08% as of the end of April – an increase of 12.93% […]
April 11, 2016

Consumer Delinquencies Fall Below Historic Levels

Rising home values continue to provide consumers with a strong incentive to keep up with their home equity loan payments.  According to the American Bankers Association’s […]
October 20, 2015

Late Payments on Home Equity Loans Hit Post-Crisis Low

U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.  In the second quarter, […]
September 7, 2010

Show Me the Money!

According to a recent Experian report, the national average number of days that businesses paid their bills beyond contracted terms increased by 2% in July compared […]