Mortgage delinquency rates are at their lowest point since the financial crisis, according to a new mortgage performance trends tool from the Consumer Finance Protection Bureau (CFPB) that tracks delinquency rates nationwide.
Mortgage performance continues to improve across the country, with the exception of those states whose economies rely heavily on the energy sector, according to a report released yesterday by CoreLogic, a global property information firm.
The overall performance of first-lien mortgages continues to improve and the number of loans in delinquency continues to decline, according to the Office of the Comptroller of the Currency’s (OCC) most recent quarterly report on mortgages.
