Borrowers continue to be resilient as mortgage delinquencies recede
Housing Wire
MARCH 22, 2024
Mortgage delinquencies improved again in February as prepayment activity increased moderately. In February, serious delinquencies (loans 90 or more days past due) were down month over month, with 11,000 fewer loans in that category and a total of 459,000 loans affected. On the other hand, foreclosure starts marked a 27.7%
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