Mortgage Delinquency at 2-Year High

Thirty-day mortgage delinquency soared to a two-year high, while serious delinquency climbed to a 19-month high. But foreclosure starts were the fewest since the recession.

Last year finished with 2.743 million U.S. single-family loans that were either at least 30 days delinquent or in the foreclosure inventory.

The non-current count consisted of 2.412 million loans that were at least 30 days past due but not in foreclosure and 331,000 units in the foreclosure pre-sale inventory.


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From:: Financing

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