Volume 2014 - Number 20
May 22, 2014
Downloads Available: Large Mortgage Servicer Delinquency Rates - 1Q14
Improved Loan Quality Helped Reduce Overall Delinquency Foreclosure Rates, Past-Due Loans Up for Subprime, VA
Mortgage delinquency rates on most single-family residential properties dropped in the first quarter of 2014 indicating better loan quality and improved market conditions. According to the latest Inside Mortgage Finance Large Servicer Delinquency Index, the overall delinquency rate was 6.60 percent as of the end of March, the lowest it has been since the readings started trending generally downward in the fourth quarter of 2012. The improvement in the first quarter was due...[Includes one data chart]
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