Freida  Curry-Terry

Freida Curry-Terry


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Over 1.5M Serious Delinquencies Still Remain

USA Real Estate News-RISMedia - 3 hours 20 min ago

June’s month-end mortgage data shows there may still be a bulk of serious delinquencies by the time the forbearance moratorium ends, according to Black Knight.

The details:

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 4.37%
– Month-over-month change: -7.62%
– Year-over-year change: -42.39%

Total U.S. foreclosure pre-sale inventory rate: 0.27%
– Month-over-month change: -1.73%
– Year-over-year change: -24.23%

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