The Hidden Housing Cost Pushing Homeowners Toward Delinquency

The Hidden Housing Cost Pushing Homeowners Toward Delinquency

In states where property taxes and homeowners insurance costs are rising the fastest, there has been a spike in the number of people who are delinquent on their mortgages, according to real... Read more »
Industry experts are closely watching delinquency rates, insurance costs

Industry experts are closely watching delinquency rates, insurance costs

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s... Read more »
Mortgage delinquency decline reflects ‘continued resiliency’ of borrowers

Mortgage delinquency decline reflects ‘continued resiliency’ of borrowers

Delinquencies improved in January, highlighting the resiliency of U.S. mortgage holders. The national delinquency rate fell to 3.38% in January, down from 3.57% in December, according to the Intercontinental Exchange (ICE) First... Read more »
How hurricane-ravaged Texas and Florida have avoided a housing disaster — so far

How hurricane-ravaged Texas and Florida have avoided a housing disaster — so far

After Hurricane Harvey soaked Houston with 51 inches of rain last August, Amir Befroui, a foreclosure defense specialist at Lone Star Legal Aid, started planning for a very busy spring. That’s when... Read more »