While total past due mortgage flashed improvement last month, serious delinquencies saw an uptick while prepayment activity bolted to a 16-year high, according to Black Knight. In July, mortgage delinquencies trailed off 9% from June, with more than 340,000 fewer past dur mortgages compared to the month before. Meantime, early-stage delinquencies—loans with a single-missed payment—trekked …
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Source: DS News