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Mortgage delinquencies increase for second straight quarter: MBA

Housing Wire

“Mortgage delinquencies increased across all product types for the second consecutive quarter,” Marina Walsh, MBA’s vice president of industry analysis, said in a statement. Department of Veterans Affairs (VA) loans rose to 4.07%, up from 3.76%. And the past-due rate for U.S.

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Weaker economy, inflation caused mortgage delinquency uptick in Q4

Housing Wire

“As expected, the overall national mortgage delinquency rate increased in the fourth quarter of 2022 from its previous quarterly survey low,” Marina Walsh, MBA’s vice president of industry analysis, said. The FHA loan delinquency rate rose the most by a whopping 209 bps to 10.61% in the fourth quarter from the previous quarter.

Mortgages 421
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MBA: Mortgage Delinquencies Increased Slightly in Q1 2024

Calculated Risk Real Estate

. “Overall mortgage delinquencies increased slightly in the first quarter of 2024, but not across all three of the major loan types. Delinquencies declined for FHA loans, were relatively flat for conventional loans, and increased for VA loans,” said Marina Walsh, CMB, MBA’s Vice President of Industry Analysis.

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MBA: Mortgage Delinquencies Increase in Q4 2023

Calculated Risk Real Estate

. “Mortgage delinquencies increased across all product types for the second consecutive quarter,” said Marina Walsh, CMB, MBA’s Vice President of Industry Analysis. ” emphasis added Note that the largest increase in delinquencies has been for FHA loans. percent in January. .”

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Mortgage Delinquencies Hit Lowest Level Since Q4 2019

RIS Media

Key findings: Compared to last quarter, the seasonally adjusted mortgage delinquency rate decreased for all loans outstanding. By stage, the 30-day delinquency rate decreased 6 basis points to 1.59%, the 60-day delinquency rate remained unchanged at 0.56%, and the 90-day delinquency bucket decreased 48 basis points to 1.96%.

FHA loan 105
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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

The economic and job market rebound, coupled with the successful exits from forbearance for many homeowners, contributed to these declines, and particularly for those in later stages of delinquency. Perhaps even more important, these data also showed the largest quarterly declines in the history of the survey for both FHA and VA loans.

Mortgages 485
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Opinion: I beat the market with a mortgage assumption

Housing Wire

My father had been diagnosed with stage four liver failure at that time, and we were aggressively looking for a home so he could move in with my family. I have been in the mortgage industry for nine years, with my loan officer in the industry for 19 years and my Realtor for over 10 years.

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