Delinquencies in closed-end loans held steady in the second quarter of 2017 while bank card delinquencies fell and home-related categories continued their decline toward normal levels, according to the ABA Consumer Credit Delinquency Bulletin released today.
The share of current and performing first-lien mortgages rose to 95.6 percent for the first quarter, up from 94.9 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.
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 number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 10 percent in the first quarter to the lowest level since 2008.
Delinquencies in closed-end loans rose in the fourth quarter of 2016 while delinquencies in open-end loans fell, according to the ABA Consumer Credit Delinquency Bulletin released today.
The share of current and performing first-lien mortgages was 94.7 percent for the fourth quarter of 2016, up from 94.1 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.
Delinquencies in closed-end loans rose during the third quarter of 2016, according to the ABA Consumer Credit Delinquency Bulletin released today.
The share of current and performing first-lien mortgages rose to 94.8 percent for the third quarter of 2016, up from 93.9 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.
Delinquencies in closed-end loans fell slightly in the second quarter of 2016, according to the ABA Consumer Credit Delinquency Bulletin released today.
The share of current and performing first-lien mortgages rose to 94.7 percent for the second quarter of 2016, up from 93.8 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.