Seasonal Slide: CoreLogic Reports U.S. Mortgage Delinquency Rates Level Off in February
IRVINE, Calif.–(BUSINESS WIRE)–CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for February 2021.
For the month of February, 5.7% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.1-percentage point increase in the overall delinquency rates compared to February 2020. The slight (0.1 percentage point) increase over January 2021 marks the first uptick in month-to-month national delinquency since August 2020.
To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages…