Episode 1014
Mortgage Market: Past Due Home Loans Up 79% to 3.4 Million by Year's End
Real Estate News: Real Estate Investing Podcast · Kathy Fettke / RealWealth
January 27, 20214m 9s
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Show Notes
We have some year-end totals for the number of home loans that are past due, and at risk of foreclosure. A new report by Black Knight shows that 2020 ended with almost 3.4 million loans in some stage of delinquency, and that seriously delinquent loans were up 250%, but they are well off their pandemic peaks. There's also new data on places where foreclosures are already rising, and many of those locations are in California.
Links: https://www.blackknightinc.com/black-knights-first-look-at-december-2020-mortgage-data/ https://www.housingwire.com/articles/2020-ends-with-3-4-million-loans-in-delinquency/ https://www.attomdata.com/news/market-trends/figuresfriday/top-10-u-s-zip-codes-where-foreclosure-filings-are-on-the-rise/