Loan Performance Has ‘Progressively Weakened’ During Pandemic

Loan Performance Has ‘Progressively Weakened’ During Pandemic

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Analytics provider CoreLogic today circulated its monthly Loan Efficiency Insights Report for June. It revealed that, nationwide, 7.1% of mortgages had been in a few phase of delinquency. This represents a 3.1-percentage point upsurge in the delinquency that is overall weighed against the exact same duration just last year with regards to ended up being 4%.

A paradox is being faced by the housing market, in line with the analysts at CoreLogic. Continue reading “Loan Performance Has ‘Progressively Weakened’ During Pandemic”