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.
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 6 percent in the second quarter, following a first-quarter decline that marked the lowest level since the first quarter of 2008.
Delinquencies in both closed-end and open-end loans fell in the first quarter of 2016, according to the ABA Consumer Credit Delinquency Bulletin released today. The report credited consumers’ responsible management of their finances for the decline, noting lower delinquency rates in seven out of 11 individual loan categories.
Borrowers who are seriously delinquent on loans owned or guaranteed by Fannie Mae or Freddie Mac may be eligible for a one-time principal reduction to help them avoid foreclosure and stay in their homes, the Federal Housing Finance Agency announced today.
Delinquencies in closed-end loans fell sharply in the fourth quarter of 2015 as home values steadily increased, according to the ABA Consumer Credit Delinquency Bulletin released today.
The share of current and performing first-lien mortgages rose to 94.1 percent for the fourth quarter of 2015, up from 93.2 percent a year earlier, according to the Mortgage Metrics Report released today by the OCC.