Archives for October 2018

Mortgage delinquencies rose more than 13 percent in September registering the largest single-month rise since November 2008 according to Black Knight's First Look at the mortgage performance data for September. Black Knight said that while September delinquency increases are quite common, three factors led to the large surge seen during the month this year. "Sixteen of the last 19 Septembers Continue Reading

A report by Zillow explains how the effects of the Great Recession were not just twofold but deeply profound—and also reveals how the crisis served to benefit those who bought foreclosed homes during that time. According to the report, nearly half (45.4 percent) of all homes foreclosed in the wake of the subprime mortgage crisis were valued in the lowest third of the U.S. housing market, Continue Reading