Southern States Lead Delinquency Drops

first_img Tagged with: Delinquent Loans Home Loans housing market 2020 mortgage The Best Markets For Residential Property Investors 2 days ago Delinquent Loans Home Loans housing market 2020 mortgage 2020-02-20 Mike Albanese Share Save Home / Daily Dose / Southern States Lead Delinquency Drops Mortgage delinquencies fell to a new record low, and just 2 million homeowners are either past due on their mortgage loans or in some stage of foreclosure, according to the latest data from Black Knight. Black Knight released its record-breaking delinquency score Thursday in its First Look at January 2020 Mortgage Data, a precursor to its monthly Mortgage Monitor. Black Knight has been analyzing data since 2000. In that time, the national delinquency rate has never fallen as low as it did this January when it sunk to 3.22%. Delinquencies fell more than 5% month-to-month in January and are down 14.17% over the year. While loan delinquencies are on a downward trend, foreclosure starts rose in January by 8.35%. However, they are 14.74% down on an annual basis. The foreclosure rate charted a barely perceptible increase of just 0.41% over the month of January as 1,000 properties slipped into foreclosure. The national foreclosure rate now stands at 0.46% of all mortgage loans outstanding. Despite the slight increase in January, the rate is down 9.24% from a year ago.   The prepayment rate moved in the opposite direction, falling 15.33% over the month but up 112.97% over the year. The states with the highest percentage of non-current mortgage loans, including those that are delinquent as well as those in some stage of foreclosure, are Mississippi with a rate of 9.84%, Louisiana with 7.20%, Alabama with 6.26%, West Virginia with 6.10%, and Arkansas with 5.79%. Despite ranking highest in the nation for the percentage of non-current loans, these states all experienced a decline in non-current loans over the year. Colorado had the lowest rate of non-current loans with just 1.63% of loans past-due or in foreclosure. The state was followed by Washington (1.67%), Oregon (1.77%), Idaho (1.79%), and California (1.90%). Just as with the top-ranking states for non-current loans, all five of these states experienced declining rates of non-current loans over the past year. For all of these states, the change in the non-current loan rate was in the double-digits. The states with the highest percentage of severely delinquent loans—those 90 or more days past due—are Mississippi (3%), Louisiana (1.74%), Alabama (1.73%), Arkansas (1.61%), and Indiana (1.20%).  Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and, MReport and She holds degrees in journalism and art from the University of Georgia. in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days agocenter_img Southern States Lead Delinquency Drops Servicers Navigate the Post-Pandemic World 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post February 20, 2020 1,096 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Home Prices in Opportunity Zones Rising Quickly Next: Freddie Mac Transfers $9.1B in Risk Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Krista F. Brock Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Pulisic status uncertain for Revierderby

first_imgBundesliga Pulisic status uncertain for slumping Dortmund in Revierderby Ben Valentine Last updated 1 year ago 22:50 11/24/17 FacebookTwitterRedditcopy Comments(0) Christian Pulisic Borussia Dortmund Getty Images Bundesliga Borussia Dortmund Borussia Dortmund v Schalke 04 Schalke 04 The teenager returned to training this week but is among three key players facing a fitness test before a crucial Bundesliga battle with Schalke Peter Bosz admitted he may be without Christian Pulisic, Sokratis and Roman Burki for Borussia Dortmund’s crunch derby battle with Schalke on Saturday.Pulisic has missed the last two Dortmund contests — losses to Stuttgart and Tottenham Hotspur — with a muscle injury. Meanwhile Sokratis was forced off against Stuttgart while Burki went down against Spurs with a head injury.Dortmund 4/5 to beat Schalke Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player The American teenager returned to training Wednesday providing some hope he could feature for Bosz’s struggling side but the manager admitted Friday the attacker is among those who will face fitness tests before the Schalke showdown.”We still have a practice today and we need to test if Sokratis, Roman Bürki and Christian Pulisic can play,” Bosz told media.  Hier ist der Beweis! #LT — Borussia Dortmund (@BVB) November 22, 2017 The manager may be running out of time to right the ship, as elimination from the Champions League on Tuesday compounded a run that has seen Dortmund win just once since the end of September — a DFB Pokal victory over third-division side Magdeburg.The slide has seen Dortmund go from first in the Bundesliga table, down to fifth while rivals Schalke have ascended to second, three points ahead of Bosz’s men.Bosz understands the criticism Dortmund have received and acknowledges they must beat rivals Schalke on Saturday to recover their shattered confidence.”[The criticism] is understandable,” Bosz said. “I try to ignore it. Only the derby is important.”The mood in the team is good despite the difficult situation and there was small progress against Tottenham [in the 2-1 Champions League defeat].”I speak with the players, we train, but you only get confidence when you win a game. We showed at the beginning of the season that we can play well. We need a victory.”However, given the club’s struggles, Bosz also understands he may pay the price if there is no upturn in results soon.”I am a football coach and know that anything can happen,” he added.last_img read more