In this Issue:* Warning Signs To Watch For In a Home 6 Tips to Sell Your Home Faster Housing Crisis: A Sign The Worst Is Over (Your comments are welcome at the bottom of our newsletter) Warning Signs To Look For In a Home Buying a home is a very emotional process, but if […]
Prediction: Mortgage Delinquencies Will Decline in 2011
The annual consumer credit forecast from U.S. credit bureau TransUnion predicts a 20 percent drop in national mortgage loan delinquencies by the end of 2011. TransUnion predicts that the number of delinquent accounts — 60 or more days past due — will drop to 4.98 percent from an expected 6.21 percent at the conclusion of […]
Fannie Mae Delinquency Rate Down
Fannie Mae Delinquency Rate Down The percentage of past due loans held by the nation’s largest mortgage financier has fallen. In its monthly summary report just released, Fannie Mae said the serious delinquency rate on single-family mortgages in its portfolio dropped to 5.47 percent in March, down 12 basis points from 5.59 percent in February. […]
Fewer Homeowners Falling Delinquent
Fewer Homeowners Falling Delinquent A report published by Lender Processing Services (LPS) analyzing homeowner’s performance on their mortgages as of March 2010 shows that, while foreclosure and mortgage delinquency rates are still near record levels, the pace may be slowing with fewer new loans becoming delinquent and an increase in the number of people bringing […]