Mortgage delinquency decline reflects ‘continued resiliency’ of borrowers
Housing Wire
FEBRUARY 22, 2024
” In January, serious delinquencies (loans 90 or more days past due) were down month over month, subtracting 5,000 borrowers in that category and affecting 470,000 loans in total. On a yearly basis, the rate of serious delinquencies was 19% below the January 2023 rate of 579,000 borrowers.
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