Are Delinquency Numbers Stabilizing?

According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per month.  Looking up, most of the 8.9 million borrowers who were in one point in …

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Source: DS News

2022-08-29T15:50:57-06:00