Estimated reading time: 0 minutes, 23 seconds

Delinquencies Slip But Stay at High Level in June: CoreLogic

Friday, Sep 11 2020
Lending
Written by 

The share of home mortgage loans in delinquency has declined modestly but remains elevated. So reports 24/7 Wall Street.

According to CoreLogic, the portion of such loan payments that are 30 days or more past due was 7.1% in June, down two basis points from May but still up year-over-year.

“While federal and state governments work toward additional economic support, we expect serious delinquencies will continue to rise,” said CoreLogic CEO Frank Martell.

Read the full article from 24/7 Wall Street. 

Read 1535 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Why California May Be the Best State for Your New Lending Business »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline