Cares Act

March 9, 2021

New Delinquencies End 2020 at a Low Rate, Though Serious Delinquenc...

Loan Performance Insights Report Highlights:December 2020 The nation’s overall delinquency rate was 5.8% in December. States with large increases in unemployment posted large increases in delinquency rates. In December 2020, 5.8% of home mortgages were in some stage of delinquency (30 days or mor...

February 9, 2021

Rate of New Delinquencies Falls Below Pre-Pandemic Levels

Loan Performance Insights Report Highlights: November 2020 The nation’s overall delinquency rate was 5.9% in November. All states logged annual increases in both overall and serious delinquency rates in November. In November 2020, 5.9% of home mortgages were in some stage of delinquency (30 days ...

January 21, 2021

Serious Delinquency Rates for FHA and VA Highest Since Great Recession

Serious Delinquency Rate for all Mortgage Loan Types Up from a Year Ago As the COVID-19 global pandemic has created havoc in the global economy, millions of American homeowners are struggling to keep up with their mortgage payments. As a result, the mortgage delinquency rate has soared. The ...

January 12, 2021

Serious Delinquencies Inch down

Loan Performance Insights Report Highlights: October 2020 The nation’s overall delinquency rate was 6.1% in October. All states logged annual increases in both overall and serious delinquency rates in October. In October 2020, 6.1% of home mortgages were in some stage of delinquency (30 days or m...

May 4, 2020

Sizing the Risk of Property Tax Revenue Disruption to Municipalities

The COVID-19 global pandemic is a public health crisis of unprecedented proportions that has upended the global economy in ways we’re only beginning to understand. On March 27th, 2020 the CARES Act legislation was enacted, which included critical relief for single family residential homeowners wi...