December mortgage delinquencies rise due to calendar effect: ICE
Housing Wire
JANUARY 24, 2024
Delinquencies rose in December but the rise is mostly due to the calendar: December ended on a Sunday, so payments made on the last day of the month were credited to January. In December, serious delinquencies rose month over month, adding 15,000 additional borrowers in that category, reaching 475,000 people in total. million loans.
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