Serious Delinquencies Three Times Higher than in 2019

According to CoreLogic’s latest Loan Performance Insights Report, serious delinquencies (defined as 90 days or more past due, including loans in foreclosure) was 4.1% in October. However, that figure was more than three times greater than October 2019, but still down slightly from the previous two months. The overall delinquency rate was 6.1% in October, with all states logging annual increases in both overall and serious delinquency rates in October. Continue reading HERE...