CoreLogic Reports U.S. Overall Delinquency Rate Lowest for a
CoreLogic Reports U.S. Overall Delinquency Rate Lowest for a February in Nearly Two Decades
- Elevated delinquency rates persist in some regions impacted by natural disasters
- No state logged an annual gain in its overall delinquency, serious delinquency or foreclosure rate in February
- Overall U.S. foreclosure and delinquency rates were the lowest for a February in at least 20 and 19 years, respectively
IRVINE, Calif. — (BUSINESS WIRE) — May 14, 2019 — CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report. The report shows, nationally, 4% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in February 2019, representing a 0.8 percentage point decline in the overall delinquency rate compared with February 2018, when it was 4.8%. This was the lowest for the month of February in at least 19 years.
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Highest Annual Gains in Serious Delinquency Rate for Core-Based Statistical Areas (CBSAs); CoreLogic February 2019. (Graphic: Business Wire)
As of February 2019, the foreclosure inventory rate – which measures the share of mortgages...